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New ‘Multi-Power Discovery II’ to Boost the Mining Sector

April 5, 2024
Prince Agyapongby Prince Agyapong
in General News
0
New ‘Multi-Power Discovery II’ to Boost the Mining Sector

Deputy Minister for Lands and Natural Resources responsible for Mines

Ghana has a rich history of mineral resources, with gold being the most prominent. However, the country is also endowed with other valuable minerals, including diamonds. To efficiently tap into this resource, the acquisition of a Diamond Core Drill Rig is of immense significance for Ghana’s mining industry and overall economic development.

The Deputy Minister for Lands and Natural Resources responsible for Mines, Hon. George Mireku Duker, has officially commissioned a Diamond Core Drill Rig, the Multi-Power Discovery II, procured by the Ghana Integrated Iron and Steel Development Corporation (GIISDEC).

“The drill rig’s capabilities extend beyond iron ore; it serves as a versatile tool for various geological investigations, including geotechnical site assessments for national construction projects. This is not merely a rig; it is an investment for the future—an asset that will yield immense benefits for Ghana’s economy and society.”

Hon. George Mireku Duker, Deputy Minister for Lands and Natural Resources responsible for Mines

A Diamond Core Drill Rig is a specialized piece of equipment used in the exploration and extraction of minerals, particularly diamonds. It plays a crucial role in determining the size, quality, and potential of diamond deposits buried beneath the earth’s surface. The rig is equipped with diamond-encrusted drill bits that can cut through various rock formations, allowing geologists and engineers to collect core samples.

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During the commissioning ceremony, the Deputy Minister emphasized the significance of this procurement, describing it as a major milestone for GIISDEC.

Hon. Mireku Duker stressed the pivotal role the drill rig will play in geological surveys, particularly in identifying suitable areas for small-scale mining operations. By extracting core samples, geologists can analyze the rock formations and identify the presence of kimberlite pipes, which are the primary source of diamonds. This information is invaluable for mining companies, as it enables them to focus their resources on areas with high diamond concentrations, reducing unnecessary exploration costs.

The state-of-the-art equipment according to the Deputy Minister represents a substantial investment in the future of Ghana’s mining sector. He said the powerful tool will revolutionise the exploration and extraction of mineral resources in the country.

Another significant advantage of owning a Diamond Core Drill Rig is the potential for local job creation and skills development. The operation and maintenance of the rig require trained personnel, including geologists, engineers, drillers, and technicians.

By investing in training programs, Ghana can build a skilled workforce capable of operating and maintaining the drill rig. This not only provides employment opportunities for the local population but also enhances the country’s technical expertise in the mining sector.

Moreover, the Deputy Minister underscored the economic importance of the drill rig, noting that its utilization will contribute to national wealth and the mining sector’s overall share in lease revenue.

WhatsApp Image 2024 04 05 at 6.46.37 PM
During the Commissioning Ceremony

Furthermore, the acquisition of a Diamond Core Drill Rig promotes local value addition and reduces dependency on foreign companies. Ghana has traditionally relied on foreign mining companies to explore and extract its mineral resources.

However, with its drill rig, the country can take a more active role in the diamond mining process, retaining more of the economic benefits within its borders. This not only contributes to the growth of the local economy but also strengthens Ghana’s position in the global diamond industry.

The introduction of the Multi-Power Discovery II to the Ghanaian mining industry will likely lead to safer, more productive, and more efficient drilling operations. Its advanced features and efficient transportation capabilities will enable mining companies to explore new mineral resources more effectively and efficiently, potentially leading to the discovery of new mining sites and the extraction of more minerals.

In his closing remarks, the Deputy Minister commended the management and team of GIISDEC for their foresight in acquiring the country’s first-ever Diamond Core Rig.

He expressed confidence that this rig will indeed deliver significant advantages for Ghana’s mining industry and society at large.

READ ALSO: Ghana to Capitalize On the Burgeoning Lithium Sector

Tags: DiamondGlobalmineralminingResources
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