Thursday, 7th October 2004 (4278 views)

Ghana's Goldfields gold mining firm has announced it is to provide a new loan facility to help those in the sector increase their jewellery production and improve the value of it.

The 617 million cedis 'Gold Loan' is being offered through the country's College of Jewellery and would allow students to obtain an interest free loan of 15 million cedis when they come from the company's catchment areas.

Goldfields' managing director Brendan Walker claims the amount could buy five kilograms of gold and that beneficiaries would be given a year with a three-month waiting period to repay.

Mr Walker told GNA that the firm was impressed with the equipment that the college had, which includes computer aided modelling and a lab with state of the art jewellery and tools.

Exhibitions are now planned to showcase some of the gold jewellery to help introduce Ghana's pieces into the international market.

 

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