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Gold mining remains ‘robust’ contributor to Ghana’s economy despite price, output slides …

Given an optimal investment climate and enhanced exploration activities, Ghana has the unique opportunity of maintaining its position as an attractive mining investment destination, notwithstanding the significant challenges confronting the industry, particularly the price of gold, avers Canadian midtier gold miner Asanko Gold CEO Peter Breese. This follows the acknowledgment of 2015 as a challenging year for the gold mining industry, which saw mining companies implement various cost management programmes, including rationalising labour costs to remain viable. In a few cases, mines were placed on care and maintenance, Breese notes.