Work began on Wednesday (September 27) for the construction of a new aluminium project in the Kibi district of Ghana.
Work began on Wednesday (September 27) for the construction of a new aluminium project in the Kibi district of Ghana. The start of work was marked by a traditional ceremony in which a sheep was sacrificed and special libation poured on the site.
The 200 million dollar (80 million pounds sterling) project is controlled by the Bauxite Alumina Study Company (BASCOL) -- a subsidiary of the Volta Aluminium Company (VALCO). Shareholders of BASCOL are the Kaiser Aluminium and Chemical Corporation, and the Reynolds Metals Company of the USA; and the Japanese concern Aluminium Resources Development Company.
License for prospecting, evaluating and proving that the bauxite deposits in the Kibi area were capable of supporting a commercially viable aluminium project, was granted to BASCOL last year by the Aluminium Industries Commission of Ghana.
Mining - bauxite, manganese ore, diamonds and gold - accounts for an important percentage of Ghana's export market.
The Kibi area aluminium deposits are estimated at over 88 million tons, but new deposits have already been discovered in other areas and are expected to far exceed the 100 million tons which are needed to make the project viable and worthy of further exploitation.
The traditional ceremony was carried out by the regional chief, the Okyenhene Nana Ofori Atta II, assisted by his elders. Official present included Eastern Regional Commissioner Colonel E.O. Nyante; and for VALCO and BASCOL - Regional Director W.E. Armantrout, Managing Director Ward Saunders, and Resident Manager J.V.L.Philips.
SYNOPSIS: The town of Kibi, in the Eastern Region of Ghana, was the scene Wednesday of a ceremony to mark the start of work on a new aluminium project which will cost two hundred million dollars.
The ceremony - in the tradition of the Ashantia was presided ever by the regional chief, the Okyanhane Nana Ofori Atta the second.
The pouring of a libation over the site and the sacrificial sheep, are said to ensure prosperity for the work and the workers (PAUSE). Just in the construction of the project, two hundred workers and technicians will be employed. The Kibi area deposits are estimated at over eighty-eight million tons - and deposits discovered in other districts are expected to far exceed the hundred million tons needed to make the project viable. Mining of bauxite, manganese ore, diamonds and gold already account for a large percentage of Ghana's exports. The new project is controlled and operated by BASCOL -- whose shareholders are large Untied States and Japanese mining firms.