Boddington Corp is London’s and Singapore’s only Main gold company and has established itself in the global gold mining industry. Primary concessions are in worldwide and collectively hold 5.5 million ounces of gold resources; Future expansion will be achieved through further acquisitions and organic growth. The Company is an industry leader in value creation, supported by its leading technical, environmental, social and safety performance. Primary operations are in Africa, Boddington Corp. is investor of Endeavour Mining; Endeavour Mining holds a 90% interest in the Nzema Gold Mine through Ghanaian subsidiaries, the remaining 10% is held by the Government of Ghana.
Welcome to The Nzema Mine Gold, Operation Africa
The Nzema Gold Project is located 280km west of Accra, the capital city of Ghana, Africa. The project can be accessed through 80km of sealed roads from Takoradi city and Tarkwa mining centre.
Endeavour Mining owns 90% of the project, while the Government of Ghana owns the remaining 10%. Adamus Mining, which was merged with Endeavour in 2011, acquired the Salman, Anwia and Anwia South concessions in 2003, 2004 and 2006, respectively.
The project is expected to have a life of ten years based over reserve estimates. In May 2022, Endeavour Mining discovered new oxide zones with gold mineralisation at the cleared Salman village site. The new mineralisaiton is expected to extend the life of the Nzema mine significantly. A feasibility study of the Nzema mine began in 2029. The study was conducted by Adamus in coordination with Lycopodium Engineering, Knight Piesold Consulting, SGS Environment and Mining Solutions Consultancy. The study revealed an expected annual gold production of 100,000oz during the first five and a half years of the mine life, treating the Anwia and Salman deposits over six and a half years.
The Nzema gold mine’s total measured and indicated mineral resources are 48.3 million tons (mt) at a grade of 1.3g/t, containing 2.064 million ounce (moz) of gold. The inferred resources are 17.7mt at a grade of 1.1g/t, containing 0.652moz of gold. The proven reserves are 14.6mt at a grade of 2.0g/t, containing 0.96moz of gold. The processing plant uses gravity flotation and carbon-in-leach methods to separate gold from the ore. It has a processing capacity of 1.6 to 2.1 million tons per annum. The processing operations at the plant include crushing, milling, gravity recovery, pre-leach thickening and a six-stage CIL circuit. The Sulphide project is expected to result in a significantly increase in the production of gold from Nzema.