FG Gold has highlighted significant progress toward achieving first gold production at the Baomahun Gold Project during a recent visit by a delegation from the Fundo Soberano de Angola (FSDEA). The FSDEA team, led by Executive Director Mr. Alcides Safeca, toured the Baomahun project site and ongoing construction works, and held discussions with FG Gold’s …
FG Gold highlights progress toward first gold during FSDEA visit to Baomahun Project
FG Gold has highlighted significant progress toward achieving first gold production at the Baomahun Gold Project during a recent visit by a delegation from the Fundo Soberano de Angola (FSDEA).
The FSDEA team, led by Executive Director Mr. Alcides Safeca, toured the Baomahun project site and ongoing construction works, and held discussions with FG Gold’s management.
The visit provided a platform for the company to outline key milestones reached so far and to showcase ongoing activities aimed at advancing the project into production.
According to FG Gold, development works at Baomahun are progressing steadily, reflecting the company’s sustained efforts to deliver first gold.
Management briefed the delegation on construction progress, operational readiness, and timelines, underscoring its commitment to meeting project development targets.
The visit follows FSDEA’s equity investment in the Baomahun Gold Project in November 2024, which made the Angolan sovereign wealth fund the project’s first institutional shareholder and marked its first investment in Sierra Leone.
FG Gold said the engagement demonstrated growing confidence in the Baomahun Gold Project and reinforced its focus on executing the project efficiently as it moves closer to production.
