The Managing Director of Sankofa Gold Limited, Alhaji Ishaq Dauda, has announced significant expansion and sustainability initiatives aimed at enhancing the company’s operational efficiency, environmental compliance, and community engagement.
Speaking to the media during an inspection tour of the company’s new tailings dam project at Bondaye near Prestea, Alhaji Dauda disclosed that the ongoing construction, valued at approximately US$3 million, is being fully financed through internally generated funds. The project, he said, is scheduled for completion by December 2025.
According to him, the new tailings dam has been designed with advanced geotextile linings to prevent seepage and contamination of surrounding soil and water bodies — a measure that underscores the company’s commitment to responsible and sustainable mining.
“This facility is not the ordinary type of tailings dam. It incorporates geotextile protection to ensure that no leakage affects the environment,” Alhaji Dauda stated. “We are also constructing reinforced concrete drains to channel water safely, given the proximity of a river to the project site.”
The project will be executed in three stages, with the first phase currently nearing completion. Once fully operational, the new dam is expected to support increased processing capacity and extend the life of the company’s mining operations.
In addition to the tailings dam, Sankofa Gold is undertaking comprehensive refurbishment works at its processing plant. The company is replacing and upgrading its aging tanks, a move expected to improve gold recovery and increase production by up to 50 percent.
Currently, Sankofa Gold produces a minimum of 50 kilograms of gold per month. With the completion of the ongoing projects, monthly production is projected to rise to 150 kilograms, reflecting a significant boost in operational performance.
Alhaji Dauda also highlighted the company’s long-term growth strategy, revealing ongoing negotiations to acquire additional concessions for hard rock mining to complement its existing tailings-based operations.
Beyond its core business, Sankofa Gold continues to demonstrate strong corporate social responsibility. Recent initiatives include health screening exercises for women, particularly breast cancer awareness programs, and plans to construct a modern library in collaboration with the traditional authorities of Bondaye.
He reaffirmed the company’s commitment to sound governance, safety, and community development, emphasizing that Sankofa Gold remains focused on delivering sustainable value to its shareholders, host communities, and the nation at large.
“Our priority is to build a resilient, efficient, and socially responsible mining operation that continues to contribute meaningfully to Ghana’s mining sector and economy,” Alhaji Dauda concluded.
Source: myinfotoday.com
