Asanko extends GHS5.4 billion contract with Rabotec

Asanko Gold Ghana Limited has extended its contract with Rabotec Ghana Limited. The contract is valued at GHS5.4 billion. This extension aims to increase local business involvement in the mining industry. This action supports Ghana's local content rules for mining. These rules want more money from mining to stay in Ghana.

This contract will help local companies get more work and build skills. It also means more jobs for Ghanaians. Over time, this can help the economy grow outside of just mining. It also makes sure that some of the money from Ghana’s natural resources benefits Ghanaian businesses and workers first.

Large contracts like this one show how mining companies can help local economies. By choosing local partners, they help spread wealth. This also supports the growth of other businesses that supply goods and services to the mining sector.