Skip to main content

Gold Fields Ghana to increase gold production capacity with €450,000 hi-tech rig

 

Gold Fields Ghana has announced its plans to enhance efficiency and capacity in gold processing with the acquisition of a state-of-the-art comprehensive instrumentation rig, said to be the first of its kind in Ghana’s mining sector and Africa.

Speaking at the commissioning of the instrumentation processing rig in Tarkwa, Joshua Mortoti, Head of Gold Fields West Africa, expressed that the acquisition of the over €450,000 hi-tech rig marks another milestone for Gold Fields in capacity enhancement.

 

This is a major investment that takes the skills development of our employees a notch higher because it adds to our solid technical training modules, equipment and infrastructure. The rig will offer intensive and practical training as it simulates real-world conditions in the process plant in a safe classroom environment. After training with this rig, our instrumentation engineers will be equipped with the technical know-how, which will enhance their competence,“ he said.

Joshua Mortoti further emphasized that the €450,000 hi-tech rig demonstrates Gold Fields’ high regard for employee capacity enhancement over the past decade.

Joshua Mortoti-Executive Vice President/Head Gold Fields West Africa

“Considering the immense benefits and value of such a high-tech equipment, I can confidently say that spending over €450,000 on this instrumentation rig is a worthwhile investment. As a company, we prioritize enhancing the competencies of our employees as they are our most valuable asset. Our commitment to employee skills development aligns with our value of innovation, encouraging ideas, creativity, and changes that can drive our business forward. Therefore, we continue to invest significantly in employee training and development. Since 2014, we have invested close to US$17 million in various competency-enhancement, leadership, and professional development programs for our employees and business partners. Some of these training programs cater to the specific needs of employees, allowing them to develop their individual potential,” he emphasized.

A worker at the Gold Fields process plant, Emmanuel Appiah, shared that the newly acquired rig is a game-changer in helping workers produce gold.

Emmanuel Appiah-Worker, Gold Fields

“There are a lot of things that we may have to experience or see for the first time or even troubleshoot in the field. Now we have this rig that can help us train and prepare adequately so that when we get into the field, we are familiar with the key instruments in operation. This will help us build stronger capacity and ensure that we deliver to the best of our ability. It is a good instrument, and we must use it well to build our strength and develop our capacity in producing our raw gold,” he said.

Ing Kweku Asmah, CEO of Automation Group Ghana, who facilitated the procurement of the hi-tech rig, expressed that the collaboration resulting in the hi-tech rig will positively impact the mining industry’s productivity.

“As the mining industry significantly influences economies and societies, it becomes imperative to equip its workforce with cutting-edge tools and knowledge. The rig we inaugurate today incorporates state-of-the-art technology, enabling comprehensive training in process instrumentation and automation. It embodies our shared vision of empowering the workforce with the necessary skills. Together, we have opened the doors to a world of possibilities for the mining industry, and we eagerly look forward to witnessing the transformative impact it will have on professionals and the sector as a whole,” he said.

Gold Fields Ghana also stated that the youth from its host communities will have the opportunity to be trained with the rig when the Gold Fields Training School launches the instrumentation apprenticeship program for young people in the host communities at a later date.

Simon Egloff, Business Development Manager of Endress and Hauser, the rig manufacturers described the rig as an “engineering masterpiece” with the latest technology, which would enable process improvements and higher productivity.

“The possibilities which this powerful tool offers makes the Gold Fields’ Tarkwa Mine unique in Ghana and the entire West Africa. Smart sensors using heartbeat technology as a solid base will help move from reactive maintenance to preventive maintenance.”

Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of