$25 million gold refinery to be commissioned in November ending – Mireku Duker confirms

The governments of Ghana and India have partnered to establish a gold refinery in the resource-rich West African country. The objective of the refinery is to refine gold in the country and also create jobs for the youth.

Deputy Minister of Lands and Natural Resources George Mireku Duker said this in an interview with 3FM’s Sunrise on Thursday hosted by Alfred Ocansey. “We are committed to finding how the gold would be held here to create jobs for the youth,” he said.

He added that “by the end of November, we could commission the gold refinery. We were supposed to order it in mid-November, but from what they tell me, they are almost 95%. There are some touches that they are doing and also depending on the president’s schedule, we hope to commission it by the end of November 2021. ”

Mr. Duker further indicated that “the ownership percentage has time limits. The Indian government built everything and we provided them with 20%. 20% is our land but they built everything and that is our commitment ”.

“The Indian government owns 80%. If we retain 20% of the refined gold … if the Bank of Ghana is buying the gold, it is the cost of refining the gold that is what we will get the 20%. It is the cost of refining that we have 20% and not all the gold ”. He said the project cost US $ 25 million, which is being funded solely by the Indian government.

India makes $25m available to establish a gold refinery in Ghana

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