Golden Star To Invest Over $30m In Drilling

Officials of Golden Star and the participants

 

Golden Star (Wassa) Limited, a subsidiary of Chifeng Gold, in the Western Region is poised to invest heavily in drilling this year.

Drilling, according to the mining company, is closely related to exploration, without that, there will be no mining.

“So we are investing over $30 million in drilling activities and we will involve major drilling companies and this will lead to the stimulation of the local economy”, the company stressed.

Speaking to DAILY GUIDE after the company’s stakeholders’ engagement in Takoradi, Corporate Affairs Superintendent, Boatemaa Hammond, noted that as part of the company’s corporate social responsibilities, Golden Star has provided medical equipment to health facilities in the company’s catchment areas.

She added that the company has also awarded scholarships amounting to over $500,000.

She indicated that because the company cannot employ all members of the host communities, it has come out with a scheme to empower the people with the requisite skills to be able to do other things outside the organisation.

She mentioned that whenever there are job opportunities in the company, qualified residents are first to be considered.

“It’s only when we do not get the needed skills from the communities that we go out”, she indicated.

Group Corporate Affairs Manager, Gerard Boakye, said the company will soon resume its mining operations on its Benso concession.

It would be recalled that the company suspended its operations at Benso following an attack by illegal miners on the company’s concession in the area about three years ago.

“We are still in the process of going back, it’s more certain and this week we will start mining there,” he said.

Justifying the decision to resume mining at Benso, he said, “this has been motivated by the gold price. Normally in mining, that is what happens.”

From Emmanuel Opoku, Takoradi