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Shandong Gold Co Ltd (via Cardinal Namdini Mining Ltd, with a China Railway Construction Group subsidiary). Government of Ghana 10%.

Namdini

Producing (ramp-up; first gold pour 8 Nov 2024, commercial production commenced H1 2025) Upper East
OverviewDetailsOwnershipLocation
Snapshot
Gold
Primary mineral
Surface (open-pit)
Operation type
Large-scale
Scale
Upper East
Region
Overview

Namdini is operated by Shandong Gold Co Ltd (via Cardinal Namdini Mining Ltd, with a China Railway Construction Group subsidiary). Government of Ghana 10%. in the Upper East region. Status: Producing (ramp-up; first gold pour 8 Nov 2024, commercial production commenced H1 2025).

Key facts
Primary mineralGold
Operation typeSurface (open-pit)
ScaleLarge-scale
RegionUpper East
StatusProducing (ramp-up; first gold pour 8 Nov 2024, commercial production commenced H1 2025)
Parent companyShandong Gold Co Ltd (via Cardinal Namdini Mining Ltd, with a China Railway Construction Group subsidiary). Government of Ghana 10%.
Parent listed onSSE (600547), SEHK
Production start year2,024
Ownership
Parent companyShandong Gold Co Ltd (via Cardinal Namdini Mining Ltd, with a China Railway Construction Group subsidiary). Government of Ghana 10%.
Listed onSSE (600547), SEHK
Production start2,024
Location
Upper East

Namdini is Ghana’s newest large-scale gold mine, in the Upper East Region near Bolgatanga. Operated by Shandong Gold through Cardinal Namdini, it poured first gold in November 2024 and began commercial production in 2025.

The open-pit mine is ramping up toward a target of about 360,000 ounces a year, which would make it one of the largest in Ghana. It is the first large-scale mine in the country’s northern belt.

Who owns Namdini mine?

Namdini is owned and operated by China’s Shandong Gold, through its subsidiary Cardinal Namdini Mining, with the Government of Ghana holding 10 percent.