Indigenous mining firm Azumah Resources Ghana has taken a major step toward developing its flagship Black Volta Gold Project with the signing of a US$37 million agreement with global mining technology leader FLSmidth for the supply of key processing plant equipment.
The contract, signed in Accra on December 12, 2025, covers long-lead items and essential spare parts expected to be delivered in 2026, ahead of the mine’s planned start-up in 2027.
Under the deal, FLSmidth will supply a suite of critical equipment, including gyratory and cone crushers, SAG and ball mills, thickeners, screens, apron feeders, cyclones, pumps, and systems for adsorption, desorption, refining and detoxification.
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The agreement also provides for technical support across engineering, installation, commissioning and training, as well as a performance guarantee for all supplied process equipment.
Chief Executive Officer of Azumah Resources, Noel Addo, told the media in Accra that the partnership with FLSmidth aligns with the company’s commitment to deploying world-class processing technology as it transitions from planning to execution.
Located in Ghana’s Upper West Region, the Black Volta project is regarded as one of the country’s most promising gold assets, with geological studies indicating several million ounces of potential resources.
Once operational, the mine is projected to produce an average of 163,000 ounces of gold per year, approximately five tonnes annually, during its first five years. This would represent about 3% of Ghana’s national gold output, which rose to 4.8 million ounces (150 tonnes) in 2024.
The project is expected to deliver significant economic benefits through job creation, local procurement and infrastructure development.
Azumah recently announced the commencement of full-scale construction after securing project financing, with site preparation and infrastructure works already underway.
The company has also reiterated that it remains the lawful owner and operator of the Black Volta Project, which is being developed in partnership with Engineers and Planners Ghana.
The mine is projected to contribute meaningfully to national gold output, bolstering Ghana’s position as Africa’s second-largest gold producer and supporting broader regional economic growth.
MA
