Ghanaian businessman Ibrahim Mahama has taken another concrete step toward bringing the Black Volta gold project into production, signing a 37 million equipment supply agreement just weeks after completing a 100 million acquisition of Azumah Resources Ghana Ltd.
Azumah Resources, now backed by Mahamas Engineers Planners Group, has entered into a contract with Danish mining technology firm FLSmidth to supply critical processing equipment for the project, located in Ghanas Upper West Region. This initiates the on-site development work and removes a significant obstacle to the company's goal of first gold production by 2027.
Mine processing equipment delivery set 2026