Business

Chifeng Jilong takes over Golden Star Wassa mine

The Minister of Lands and Natural Resources, Mr Samuel A. Jinapor, has said the government will ensure all mining companies observe the highest safety standards at all levels of operations.

He said the President Akufo-Addo-led government has put in place adequate measures to review the entire health and safety regime of the mining industry to, among others, prevent future mining accidents in the country.

The Minister said this when he delivered a keynote address at the official handing over ceremony to mark the complete takeover of Golden Star Resources by the Chifeng Jilong Golden Mining Company Limited at a ceremony held on Monday, 31 January 2022 at Akyempem in the Wassa East district of the Western Region.

Mr Jinapor indicated that, as part of the conditions for the takeover of the mine, Chifeng agreed to respect and honour all existing contracts of Golden Star Resources including employment contracts and collective bargaining agreements.

He asserted: “Let me assure all workers and the good people of Wassa that the government will work with the company to ensure that the rights of all employees are protected”, adding: “Where necessary, severance packages are paid in accordance with the laws of Ghana and the existing collective bargaining agreement.”

The former CEO of Golden Star Resources, Mr Andrew Wray, said the deal will help to deliver socio-economic growth and promote a brighter future at Wassa.

He also underscored the importance of the Wassa Mine, saying: “The excellent work by the workers of the mines has helped to make the mine a very attractive one hence the acquisition”.

The occasion, which attracted dignitaries across the mining industry and some top government officials including the Western Regional Minister and the Deputy Minister in charge of Mines, Mr George Mireku Duker, was also used to unveil a plaque.

Source: Classfmonline.com

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