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Over 1.7 billion tonnes of iron ore discovered in parts of Northern Ghana - Mr Kyei-Mensah-Bonsu

Mining News - Published on Fri, 17 May 2019

Image Source: pulse.com.gh
The Majority Leader in Parliament and Minister of Parliamentary Affairs, Mr Osei Kyei-Mensah-Bonsu, has revealed that over 1.7 billion tonnes of iron ore has been discovered in an ongoing exploration exercise at Sheini in the Yendi Municipality of the Northern Region. He added that the volume of the mineral deposit was estimated to hit three billion by the end of the exercise. He said that “Growing up, we all knew about the Oppong Manso iron mine in the Western Region, which is about 360 million tonnes, and also some 60-million tonne deposits in the Upper West Region, but the iron ore that has been discovered at Sheini is the biggest in the country.”

Mr Kyei-Mensah-Bonsu said that “The volumes of deposit that have been discovered are based on the area that has already been assessed, but the rock formation in the area of the discovery extends to Togo, so I believe that when we are done with the reassessment, we will be having huge volumes of the mineral.”

He said that this discovery will serve as a major boost to the iron and steel industry in Ghana and beyond. The Ghana Iron and Steel Development Corporation Bill that was passed by Parliament recently was awaiting Presidential Assent for work on the corporation to start.

However, some Ghanaians are not enthused by the discovery. Ghanaian social media users have asked how this will benefit the country since the existing minerals in Ghana have not led to financial liberation.

Source :

Posted By : Rabi Wangkhem on Fri, 17 May 2019
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