Ghana Manganese Company (GMC) sacks over 300 workers
The company blamed inflation, the Russian Ukraine war and increasing competition as the reason for the lay-offs, despite record operating profits.
GMC owns and operates the Nsuta manganese mine in the western region of Ghana. GMC holds a mining concession for manganese over an area of 175 square kilometres in and around Nsuta in the Western Region of Ghana, less than 3% of which has been mined to date. GMC ore is one of the highest manganese-to-iron ratio ores in the market (Mn:Fe ~31) and is low in phosphorous, alumina and other heavy metal impurities, making it well-suited for both alloy and manganese metal production.
Nsuta is in very close proximity to Tarkwa, which is a well-established mining center due to the large gold mining activities around it.
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