Northern Ashanti Mines

Located around Konongo, a city 150 km north of the capital of Ghana, Accra.

Introduction

Northern Ashanti Mines (Konongo Gold Mine) is located around 150 km from Accra, Ghana and is currently under re-development.

The project comprises two leases totalling 195 kmยฒ, over 12 km of mineralized strike length and sixteen known gold deposits.

The Northern Ashanti project has a huge untapped surface and underground potential.

Nguvu Mining Limited acquired the mine in 2021. The initial required investment to facilitate mining and processing is around USD 80 million.

Geological map of southern Ghana showing the Ashanti Gold Belt, with the Konongo and Obenemase licences marked at its north-eastern end and the belt's gold mines plotted; inset maps locate the Ashanti Gold Belt in West Africa and Ghana within Africa
The Konongo and Obenemase licences within the Ashanti Gold Belt, southern Ghana.

Milestones

Our journey

Northern Ashanti Mines from 1924 to 2021

  1. 1924

    Lyndhurst Deep Levels Company

  2. 1933

    Konongo Gold Mines

  3. 1965

    State Gold Mining Co. of Ghana

  4. 1988

    Southern Cross Mining

  5. 1994

    Obenemase Gold Mines Ltd

  6. 1998

    Resolute Mining Ltd.

  7. 2002

    Talos Ghana Ltd.

  8. 2004

    Owere Mines Ltd.

  9. 2021

    Northern Ashanti Mines Co Ltd.