Gold Recovery Ghana Limited – Ghana
Gold Recovery Ghana operates a processing plant in Tema, which is in a Free Zone Status with accompanying tax benefits. The plant replicates the South African plant and provides an economic method for mines to dispose of waste materials while at the same time adhere to various environmental obligations. It has excellent relations with the Ghanaian Government.
For the year to 30 June 2012 it produced 17,762 oz gold.
The plant’s location provides access to raw materials from mines in Mali, Guinea, Burkina Faso, Benin, Cote D’Ivoire Senegal, the DRC and Mauritania as well as Ghana. The Company also has a toll processing agreement with Adamus Resources in Ghana which was signed in April 2011 and allows some of GRG’s stockpiled by-products to be processed off-site.
Like Goldplat’s South African gold recovery operation company, Gold Recovery Ghana has contracts with some of the major mine operators including AngloGold Ashanti, Golden Star Mining and Goldfields. Its strategy is to increase by-product contracts through other major mining companies in the west African region. Gold Recovery Ghana also continues to invest in its operations to increase processing capability.