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PMMC strategizes to attract private investments into its operations
 
Posted on: 29-Aug-2012         Source: myjoyonline.com
 
 
 
Precious Minerals and Marketing Company, PMMC is strategizing to attract private investments into its operations.

This comes after the company wholly owned by government recorded a loss of nearly 50 percent last year due to fluctuations in the world market price of gold.

Despite declaring a dividend of 500 thousand cedis to government, managers are exploring various recapitalization options including listing on the Ghana Stock Exchange.

A Director, Mike Ezan tells JOY BUSINESS, government would however have the final say.

He adds steps are also being taken to boost the company’s profits from minerals production.