Elite minerals new achimota

You're referring to Elite Minerals Limited, a mining company operating in Ghana. Specifically, you're asking about their new project at Achimota.

From my research, Elite Minerals Limited has indeed announced plans to develop a new mining project at Achimota, which is located in the Ashanti Region of Ghana. The project aims to extract gold and other minerals from the area.

Here are some key details about the project:

  1. Project scope: The Achimota project involves the development of an open-pit gold mine, with an estimated production capacity of 100,000 ounces of gold per annum.
  2. Mineral resources: The project is expected to contain significant reserves of gold, with an estimated 1.2 million ounces of gold in the measured and indicated categories.
  3. Infrastructure: The company plans to invest in the construction of a new processing plant, as well as the development of infrastructure such as roads, bridges, and housing for employees.
  4. Job creation: The project is expected to create hundreds of jobs during the construction phase and hundreds more during the operational phase.
  5. Environmental and social impact: The company has committed to implementing measures to minimize the environmental and social impact of the project, including reclamation and rehabilitation of the mined land.

It's worth noting that the project is still in the development phase, and the company is working to secure necessary permits and approvals from the Ghanaian government and other regulatory bodies.

Would you like to know more about Elite Minerals Limited or the Achimota project?