The Board of Directors of Azumah Resources Ghana Ltd wishes to formally announce that it has entered into a strategic agreement with FLSmidth (FLS) as strategic equipment and technology partner for the Black Volta gold project culminating into signing ceremony today 12th December 2025 at Marriott Hotel for supply of all Long lead items valued at circa $ 37million (Thirty seven million United States dollars) as the construction and development of the Black Volta Gold project takes significant step forward. With this signing ceremony and equipment order placed, the Black Volta Project Construction & Development to first gold has commenced. As an indigenous Ghanaian owned mining company – Azumah Resources Gh Limited, has chosen FLSmidth(FLS) as its strategic technology partner and supplier of all major equipment’s and main process technologies owing to the 140years + global expertise of FLS in the mining ecosystem, the quality of its equipments and robustness of its brands. The initial order for the long-lead equipment and associated technical support services is valued at approximately USD 37million. The equipment is due to be delivered during 2026, ahead of mine start-up date in 2027. As part of the long-lead equipment, FLS will supply among other equipment: gyratory crushers, raptor cone crusher, SAG and ball mill, A pre-leach thickener, Screens, apron feeders KREBS cyclones, Pumps. The order also includes equipment for absorption, desorption and refining and detoxification. FLS will also provide technical support to the EPC contractor during the detailed engineering phase and site support for erection and installation, start-up, commissioning and site training. In addition, the order includes spare parts as well as a performance guarantee for the process equipment. About FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining industry. We enable our customers to improve performance, lower operating costs and reduce environmental impact. Mission Zero is our sustainability ambition towards zero emissions in mining by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining industry and aim to become carbon neutral in our own operations by 2030. www.fls.com About Azumah Resources Ghana Ltd Azumah Resources Ghana Ltd is a Ghanaian-incorporated mining company holding the Black Volta and Sankofa Gold Projects in the Upper West Region of Ghana. The company’s mission is to responsibly explore, explore, develop, and operate these assets to generate long-term economic and social value for Ghana. - End - For further enquiries, please contact: Noel Nii Addo Chief Executive Officer Azumah Resources Ghana Ltd H/No. 20, 2nd Close, Yapei Link, Airport Residential Area, Accra, Ghana #IbrahimMahama #EngineersAndPlanners #AzumahResources
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