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the Prime Meridian. The former British colony modified its name from the Gold Coast to Ghana on reaching independence on March 6, 1957. Ghana is now a republic with a population of roughly 8 million individuals and a democratically elected authorities. English remains the official and business language. All of the Company’s operations are in tropical climates that experience annual rainy seasons. Ore output from the Company’s surface mining operations can be reduced throughout wet periods. The Company’s mine plans anticipate periods of excessive rain fall annually. Exploration activities are generally timed to keep away from the rainy durations to ease transportation logistics associated with moist roads and swollen rivers. The Company’s long-time period objective is to proceed the growth of its mining business via the suitable development of lower working value initiatives. In the near time period, the Company is targeted on high grade, margin-focused tasks, such as Wassa Underground and the Prestea Underground and exploring its present properties for alternatives to broaden the mineral reserves and prolong the mine lives of each Wassa and Prestea via further drilling. In late , the Company acquired Wassa and constructed the Wassa processing plant, which started industrial operation in April 5. In July 7, the Company accomplished construction and growth of the Bogoso/Prestea refractory plant. The refractory operation at Bogoso was suspended in the third quarter of 15. The Company acquired the Bogoso property and started working its mines and carbon-in-leach “CIL” processing plant in 1999. In 1, The Company acquired the Prestea property situated adjoining to the Bogoso property. In early , GSBPL acquired a forty five% interest in the Prestea Underground property, and since then the Company’s curiosity has elevated to ninety%. On February 1, 18, commercial manufacturing was achieved at Prestea Underground. On January 6, 17, the Company announced that business manufacturing had been achieved at Wassa Underground, effective January 1, 16, and that project construction of Wassa Underground, together with the installation of all ancillary infrastructure, was basically full and operational, in accordance with the Company’s deliberate schedule and budget. On October 7, 16, the Company introduced that it had obtained a mining lease for Mampon. Mampon is a excessive grade, oxide deposit, roughly eighty km to the north of the Company’s carbon-in-leach processing

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