Nore Gold is pleased to announce its acquisition of a 47% stake in a mining project located in Guinea Conakry. Situated approximately 500 kilometers from the capital, this project spans an area of 50 hectares and boasts an impressive annual production capacity of 4,300 kilograms of gold.

 

 

 

 

Nore Gold Acquires 47% Stake in Gold Mining Project in Guinea Conakry

Nore Gold is pleased to announce its acquisition of a 47% stake in a mining project located in Guinea Conakry. Situated approximately 500 kilometers from the capital, this project spans an area of 50 hectares and boasts an impressive annual production capacity of 4,300 kilograms of gold.

1. Project Overview: The mining project in Guinea Conakry represents a significant addition to Nore Gold’s portfolio. With a substantial stake in the venture, we are poised to leverage our expertise and resources to maximize its potential and drive sustainable growth.

2. Employment Impact: The mining operation currently employs over 1,000 workers, contributing to job creation and economic development in the region. By providing employment opportunities, we aim to support local livelihoods and enhance socio-economic stability.

3. Community Development: Beyond job creation, Nore Gold is committed to supporting the development of surrounding communities. Through initiatives such as infrastructure improvements, the construction of schools, and other community projects, we seek to create lasting value for residents and foster positive relationships with local stakeholders.

Nore Gold is committed to responsible mining practices, community engagement, and sustainable development in Guinea Conakry

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4. Environmental Responsibility: As responsible stewards of the environment, we prioritize environmental conservation and sustainability in all our operations. We adhere to stringent environmental standards and implement measures to minimize our ecological footprint and protect natural resources.

5. Partnership and Collaboration: Our partnership with local stakeholders and government authorities is integral to the success of the mining project. By fostering collaboration and engaging with communities, we aim to build mutually beneficial relationships and ensure the project’s long-term sustainability.

6. Economic Contribution: The mining project in Guinea Conakry not only generates economic benefits through gold production but also stimulates economic activity in the surrounding areas. By providing employment, supporting local businesses, and investing in infrastructure, we contribute to the region’s overall economic development.