Government’s says its
effort to discover new mineral deposits is aimed at diversifying the country’s
mineral resource base to ease the impact of price volatility for gold on the
mining sector and the economy.
Mr. Benjamin Aryee, Chief
Executive Officer of the Minerals Commission, speaking at a two-day Africa
Mining Investment and Development Summit (AMIDS) 2013 in Accra said the country
has discovered new mineral occurrences in base metals such as lead, copper, and
zinc.
He stated that that the minerals
discovered at Nkwanta in the northern parts of the Volta Region are undergoing
further investigation to ascertain the reserves, adding that the full potential
of the base minerals will be ascertained after drilling has been carried out.
He said the efforts involved
provision of adequate geo-scientific data from recent airborne geophysical and geological
survey.
“Government has procured a
drilling rig to enable the Geological Survey Department to explore more
minerals and to ascertain the full potential of these minerals discovered.”
Mr. Aryee revealed that another measure being adopted to ease the effect of price volatility is the decision to increase the capacity of gold refinery in collaboration with some foreign investors.
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