At least one of two firms licensed to process minerals will soon start operations.
According to Vice President, John Mahama the licensing of the two companies forms part of government’s plans to add value to the country’s minerals.
Even though Ghana has produced gold and other precious metals for decades, it has mainly been exported unrefined thus unable to attract premium value.
Vice President Mahama was speaking at the launch of the Great Consolidated Diamonds Mine at Akwatia yesterday.
Great Consolidated Diamonds Ghana Limited, a wholly owned Ghanaian company intends to invest one hundred million dollars over the next five years.
The investment is expected to generate about 50,000 jobs.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
NAELP refutes defamatory claims, highlights achievements
20 minutes -
2024 Election: Voter apathy caused NPP’s defeat – Justin Kodua
57 minutes -
Ghanaian teacher shortlisted for GEM’s $1m global prize
1 hour -
Young entrepreneurs encouraged to capitalise on 5-year tax exemption Incentives
1 hour -
Lord Morrgan fulfils promise; gifts fan Wale new motorbike
2 hours -
CHAN 2024 Draw: Two-time Champions Morocco in Group A with hosts Kenya
2 hours -
Disregarding ORAL’s mandate doesn’t help the nation – Kpebu
2 hours -
NDC gov’t cannot fulfil its promises under the current IMF programme – Godfred Bokpin
2 hours -
13 newly recruited staff posted to Creative Arts Agency
2 hours -
NPP: You can’t blame me or the chairman for election defeat – Justin Kodua
2 hours -
ORAL team is illegal, Mahama was president-elect when he set up committee – Minority
2 hours -
27-year-old seeks to represent Ashanti Region on the Council of State
2 hours -
There is a new leader in town, but yet to be tested practically on the job – Nana Amoasi VII on Energy Minister-designate
3 hours -
Fire Service to restore fire tenders and establish permanent coverage at major markets- Alex King Nartey
3 hours -
“Even in death, you’re still touching lives” – Mother’s tribute to 10-year-old Lisa Laryea who died of Leukemia
3 hours