The Board of Directors of Zijin Mining Group Limited has reaffirmed its strategic commitment to expanding operations and investment in Ghana, following a high-level review of the Group's West African portfolio. The declaration signals continued confidence in Ghana's mining jurisdiction and its long-term potential as a hub for responsible gold production.
During the board review, directors examined progress at the Akyem Gold Mine operated by subsidiary Zijin Golden Ridge Limited, expressing strong satisfaction with operational performance, safety outcomes, and the Company's deepening integration into local supply chains and communities.
The Group announced plans to advance the feasibility study for an underground mining extension at Akyem, which is projected to add significant ounces to the mine's production profile and extend its operational life by an estimated 20 years. Capital expenditure for the first phase of underground development is expected to exceed USD 300 million.
"Ghana is a strategically important jurisdiction for Zijin Mining Group," said a Group Board spokesperson. "The Akyem mine has demonstrated what responsible, high-performance mining looks like — and we are committed to building on that foundation."
The Board also directed management to accelerate the Company's ESG agenda in Ghana, including targets for carbon neutrality, community livelihoods, and biodiversity restoration. A dedicated Ghana Investment Advisory Committee has been established to ensure oversight of commitments and accountability to host communities and the Government.
The Government of Ghana welcomed the Board's commitment, with officials noting that sustained investment of this nature is essential to Ghana's long-term economic growth and the development of the Eastern Region.
Leading sustainable gold mining operations in Ghana's Eastern Region, combining advanced technology with environmental stewardship and community development.
