Gold Miner Races to Complete New Tailings Storage Facility for Compliance

Prestea Sankofa Gold Limited is constructing a new tailings storage facility because the existing dam's capacity is limited and expected to run out within three months. Alhaji Ishaq Dauda, Managing Director, confirmed the company is working to meet a revised completion target by the end of October, though commissioning may not occur until December after regulatory requirements are satisfied.

The company's need to build the replacement facility is driven by regulatory requirements and the limited capacity of its current infrastructure. This situation requires immediate capital expenditure to ensure the company's operational continuity.