Operations

NZEMA GOLD MINE, GHANA

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Nzema began commercial production in 2011. It is in a prime location, close to the Ghanan port city of Takoradi (80km paved road), and in close proximity of the major mining centre at Tarkwa, which provides the mine access to all necessary off site infrastructure and industry service providers. Nzema processes ores from its Adamus open pits, as well as purchased third-party ores.


Overview

Ownership

  • 90% EDV, 10% government of Ghana

Location

  • Southern end of the Ashanti Gold Belt in southwestern Ghana, 280km from the capital Accra

Mine Attributes

  • Mining Method - Open Pit – Contractor Mining (BCM)
  • Processing - 1.6 Mtpa Gravity/CIL plant
  • Gold Recovery - 91% to 75% depending on ore type
  • Expected Mine Life - 4 years from current Reserves

Reserves and Resources

  • P+P Reserves - 4.7Mt @ 2.4 g/t for 0.4Moz
  • M+I Resources (incl. of Reserves) - 34.6Mt @ 1.3 g/t for 1.5Moz
  • Inferred Resources - 5.9Mt @ 1.3 g/t for 0.2Moz


Key Facts

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