Asante Gold Corp. is pleased to announce that following a successful Public Hearing, the Company has received the updated Environmental and Mine Operating Permits necessary to commence open pit mining activities at Bibiani, Ghana's newest mine. Open Pit Mining Operations have started, with focus on delivery of ore from the Strauss and Walsh [...]
Asante Gold Corp. is pleased to announce that it has accepted subscriptions aggregating CAD$101.98 million in connection with the previously announced private placement of common shares of the Company at a price of CAD$1.75 per common share . Included in the subscribers are the Ghana Minerals Income and Investment Fund that subscribed for [...]
Asante Gold Corp. is pleased to announce that it has received significant investor interest in a private placement of common shares of the Company to raise up to US$100 million at a price of CAD$1.75 per common share. All securities issued will be subject to a four month and one day hold period under Canadian securities legislation. Closing is [...]
Asante Gold Corp. announces the appointment of Jon Grygorcewicz as Chief Financial Officer following the recent retirement of Philip Gibbs. The appointment of Mr. Grygorcewicz brings extensive debt market, treasury and operational financial management experience to the Company's executive management and mine development teams. Mr. Grygorcewicz has [...]
Asante Gold Corp. announces that Mohammad Alothman and Alexander Smirnov have been appointed to the Board of Directors. Mr. Alexander Smirnov is the CEO of Emiral Resources Ltd. He has 12 years of business experience in natural resource development, with degrees in finance and oriental studies from leading universities in Russia and is an Executive [...]
Asante Gold Corp. announces that the contract to conduct mining activities at the Bibiani Mine has been awarded to PW Mining , and mobilization to site has commenced. Open Pit Mining Operations will start in February, to include development of satellite pits and provide feed material to the Process Plant from Q2 2022. Main pit development, to its [...]
Asante Gold Corp. is pleased to announce significant gold intercepts from its ongoing near mine exploration drill program at its Bibiani Gold Mine in Ghana. Asante initiated the exploration program in late September 2021. This program includes extensive induced polarization and ground magnetic surveys across the entire lease, RC and diamond [...]
Asante Gold Corp. is pleased to announce that all activities planned to bring its' Bibiani Mine into production in Q3 2022 are on track. Asante is preparing a plan to deliver a mine that can produce approximately 190,000 ounces of gold at Bibiani in its first 12 months of operation and circa 240,000 ounces every year thereafter for a minimum of 6 [...]
Asante Gold Corp. is pleased to announce that Metso Outotec has reported results of the metallurgical test work program undertaken on three composite drill core samples of Kubi Main gold mineralization. Results were extremely positive: Gold is easily accessible from the respective composite drill core samples via conventional cyanidation with [...]
Asante Gold Corp. is pleased to announce that it has entered into a binding term sheet with respect to a US$5.0 million strategic investment into West African gold explorer - RosCan Gold Corp. . Asante has agreed to subscribe for and purchase 22.1 million common shares at a price of C$0.29 per Roscan common share for a total investment of [...]
Asante Gold Corp. announces that following a period of detailed review, Harlequin International has been mobilized to initiate the refurbishment of our 3Mtpa Bibiani Mine Processing Plant. Harlequin is a locally owned company based in Takoradi, Ghana. Since 1998 Harlequin has become a byword for quality in heavy industry within Ghana and [...]
Asante Gold Corp. , is pleased to announce the successful completion of the purchase of the Bibiani Gold Mine in Ghana from Resolute Mining Ltd. for total cash consideration of US$90 million . Resolute has received the initial US$30 million cash payment from Asante with the balance of consideration payable in two equal instalments of US$30 million [...]
