H.E. Alhaji Dr. Mahamudu Bawumia, Vice President of the Republic of Ghana and Flagbearer of the New Patriotic Party (NPP), has on Thursday August 8, 2024, commissioned Ghana’s first large scale gold refinery, the Royal Ghana Gold Limited, in Accra.
He noted that the state-of-the-art refinery which was established through a partnership between the Government of Ghana through the Bank of Ghana and Rosy Royal Minerals Limited, “is equipped with cutting-edge technology, able to refine gold to 24 carats, 99.99% purity -same quality as a gold delivery bar (LBMA standard) and significantly boosting our capacity to locally process gold and increase value addition prospects”.
“With the ability to locally refine our gold, Ghana will be able to sell the refined gold at its appropriate price, enabling us to retain its economic value within our borders, while creating numerous job opportunities for the youth”, Dr. Bawumia added.
