The YEN.com.gh team will be working on LIVE-FACTCHECKING statements made by the participants of in the Presidential Debate organised by the Institute of Economic Affairs.
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Dr. Edward Nasigre Mahama, the PNC presidential candidate stated during the debate that his government would open a gold refinery in Accra to boost the performance of gold and its contribution to the Ghanaian economy.
In making his point, he stated that there was no gold refinery in Accra, he however quickly corrected himself, adding that the only refinery is "struggling".
This statement is mostly false.
President John Dramani Mahama has inaugurated the Gold Coast (GC) Refinery Ghana Limited, which officials say is the largest gold refinery in West Africa and the second largest in Africa.
Located within the Airport Light Industrial Area in Accra, the $110 million plant has the capacity to refine raw dust, scrap gold and other precious metals up to 180 metric tonnes per annum in a single shift production.Besides, the state-of-the-art facility would refine up to the finest quality.
This directly contrasts with Edward Mahama's claim.
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