Recently, Setters Investment Limited Company, a subsidiary of Jincheng Group in Ghana, signed a cooperation agreement with Golden Star (Wassa) Limited, a subsidiary of Chifeng Gold, on the construction of underground mining projects for Wassa Gold Mine 242 and southern Block B in Ghana.

Vasa Gold Mine is located in the western province of Ghana, West Africa. It is a large-scale and easily beneficiated underground gold mine with satellite open pit mining. The beneficiation plant has a primary ore processing capacity of 2.7 million tons per year. The contract signed this time includes the development of underground mining in the 242 mining area, the start of production in the first mining area, and the construction of a new main ramp through the 242 mining area to start production in the first mining area of the southern extension area. The construction period is about three years.

The Vasa project is the first West African regional mining development service project undertaken by Jin Chengxin. The signing of this cooperation agreement marks new achievements and breakthroughs in the company's continuous exploration of the African market, further expanding Jin Chengxin's market scale in the mining services sector of the region, and demonstrating the company's comprehensive advantages in international mining development services.

New projects, new countries, new challenges. Jin Chengxin will concentrate its advantageous resources, fully leverage its rich experience in overseas mining development, construction, and international management accumulated over the past 20 years, and work sincerely with the owner team to jointly build the Vasa project into a benchmark project in the West African region.Editor/Ma Xue