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Crista Mining Services Limited secures new surface mining contract at Iduapriem gold mine in Ghana

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Crista is pleased to announce that AMAX, a joint venture between Crista's surface mining business in Africa, Crista Mining Service Limited and leading Ghanaian mining services company, MAXMASS has been awarded a new $470 million five-year contract at AngloGold Ashanti’s Iduapriem gold mine in the Western Region of Ghana.

The new contract is structured as a 60:40 joint venture agreement between Crista Mining Services Limited and MAXMASS and represents our significant and ongoing commitment to developing and expanding the capacity and capability of our local partners.

Crista Mining Chief Executive Officer, said Crista Mining Services Limited had a long history of delivering operational excellence and value to clients, having provided mining services in Ghana over the years.

“We have provided surface mining services at the Iduapriem gold mine since 2016, establishing a successful partnership with AngloGold Ashanti. We look forward to continuing to strengthen this partnership and also welcome the opportunity to work with our newest joint venture partner, MAXMASS.

“We have a strong commitment to support and build local capability to generate social and economic value for the regions in which we operate. Under this contract, and through the AMAX joint venture, we expect to continue to support the many local businesses that have become important suppliers and contractors to our operations under previous contracts. The joint venture also expects to employ more than 475 Ghanaians with approximately 40% of the workforce employed from the surrounding local communities and the remaining 60% from other regions within Ghana.”



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