Angela List adjudged Female CEO of the Year at 8th Ghana CEO Summit

Chief Executive Officer (CEO) of Adamus Resources and Nguvu Mining Limited, Angela List, has been adjudged the best female CEO in Ghana’s mining industry.

Ms List was awarded the Female CEO of the Year award at the recently held 8^th Ghana CEO Summit.

Adamus Resources Limited is the first mine to be owned by Nguvu Mining. The mine was acquired from Endeavour Mining in 2017.

Nguvu Mining has 90% economic interest in the mine, with the Government of Ghana holding the remaining 10%.

The mine commenced initial mining operations in November 2010 and commercial production in April 2011.

Nguvu Mining was started by Angela List, a Ghanaian with over 20 years of experience in the mining industry, mainly in mining services.

In 2018, Nguvu acquired Segala Mining SA in Mali, also from Endeavour Mining.

In 2019, the group acquired 80% of Samira Hill SA, a mine in Niger, formerly owned by Semafo Inc, from the government of Niger.

This was followed by the acquisition of Northern Ashanti Mines Co. Ltd., formerly Owere mines, in Ghana.

The group also has an advanced mine in Burkina Faso, acquired from Newmont, and expects that to go into production by the end of 2023.

Other assets in the group include exploration licenses in Cote d’Ivoire and Liberia.

Nguvu currently recovers, produces and sells around 250,000 Oz of gold on an annual basis. This production is expected to grow further from current operations and new developments.

Nguvu currently employs around 3,000 people. 90% of its workforce is locally employed and so is 60% of its management.

This year’s Ghana CEO Summit focused on the theme “Reigniting Business and Economic Growth: Charting a Path Forward; Economic Diversification and Artificial Intelligence Transformation.”

It featured a high-profile Presidential Session with the Vice President of Ghana, HE Dr. Mahamudu Bawumia, and former President John Dramani Mahama, discussing pivotal topics like economic agenda resetting, private sector development, and the impact of digitalization and AI on economic growth.

Founded in 2016, the annual summit convenes over 500 CEOs, heads of state, entrepreneurs, business leaders, and policymakers from West Africa and around the globe, aiming to foster dialogue and collaboration between the private and public sectors.

The insights and strategies discussed are geared towards propelling substantial and sustainable economic growth within the region.

Source: Norvanreports