The Managing Director of the Precious Minerals Marketing Company (PMMC) Dr. Kwadjo Opare-Hammond is dead.

This was confirmed to Ghanaweb by a source close to the family.

Dr Kwadwo Opare-Hammond is reported to have died on Friday January, 11 at the Korle-Bu Teaching Hospital after a short illness.

He was appointed MD of the mineral trading firm in 2017.

Under his reign, the PMMC and the Ghana Royal Gold Limited Company entered into partnership to construct a state-owned gold refinery which is expected to create 1000 jobs in 2019.

In 2014, Dr Opare-Hammond was relieved of his post as Director of Finance and Administration of the New Patriotic Party following allegations of financial impropriety and disobedience to then National Chairman, Paul Afoko.

In 2004, he became the first Member of Parliament for Adenta Constituency after the constituency was separated from the Ashaiman Constituency.