LOAD & HAUL


Located in Ghana’s Western Region, the Kinross Chirano goldmine is pioneering operational innovation with the help of Volvo Construction Equipment and Volvo Trucks


GOLD Going for J


ust a four-hour drive outside Kumasi, Ghana’s second busiest metropolis, the picturesque countryside sets the backdrop to a


modern goldmining operation with an impressive mine camp.


Established in 2005 as a small open-pit operation, Chirano was acquired by Canada’s Kinross Gold Corporation in 2010. Over the course of the years, the company has ramped up production, establishing multiple open pits and two underground mines. Approximately 250,000 ounces


of gold are mined each year and in March 2015, the mine celebrated its two millionth ounce of gold production. However, due to the negative impact on commodity prices caused by the recent adverse global economic climate, business has not been easy for the mining industry. Gold


prices peaked in 2011 at more than US$1,900 per ounce and have since retreated to around US$1,100 per ounce. “Although the industry has faced challenges, Chirano has managed to maintain profi tability by making major adjustments and innovations, most notably by transitioning from contract mining to self-perform,” says Kenneth Norris, vice president and general manager of Chirano. By making this change, Chirano has assumed greater control of its production costs and reduced them in


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