Azumah Resources has officially begun construction on its long-awaited Black Volta gold mine project in northwestern Ghana, marking a major milestone after years of delays.
The mine, located near the Ghana-Burkina Faso border in the Upper West Region, is expected to produce an estimated 163,000 ounces of gold annually once operational. The company initially projected a development cost of $147 million back in 2020, with funding secured entirely through its shareholders.
Despite early optimism, the project faced a series of setbacks. A protracted contract dispute and delays in receiving final regulatory approvals significantly slowed progress. However, with those issues now resolved, Azumah Resources is moving forward with full-scale development.
“This is a major step not just for our company but for the entire Upper West Region,” said Azumah Resources CEO Stephen Stone. “We’re committed to delivering a world-class mining operation that creates jobs, supports local communities, and contributes to Ghana’s growing mining sector.”
The Black Volta project is expected to generate hundreds of direct and indirect jobs, boosting local economic activity in a region often overlooked by major investors. It also aligns with Ghana’s broader strategy to promote sustainable and locally beneficial mining practices.
Azumah officials noted that the mine’s design incorporates modern environmental safeguards and community engagement programs to minimize social and ecological impacts.
Production is expected to begin within the next 18–24 months, pending final construction and commissioning.
