Asante Gold is pleased to announce that, further to its news release dated April 25, 2022, it has closed the acquisition of all of the issued and outstanding shares in the capital of Red Back Mining Pty Ltd, which indirectly holds a 90% interest in the Chirano Gold Mine pursuant to a share purchase and sale agreement dated April 24, 2022, as [...]
Asante Gold is pleased to announce that, further to its news release dated April 25, 2022, it has closed the acquisition of all of the issued and outstanding shares in the capital of Red Back Mining Pty Ltd, which indirectly holds a 90% interest in the Chirano Gold Mine pursuant to a share purchase and sale agreement dated April 24, 2022, as [...]
Asante Gold is pleased to announce preparation of an updated NI 43-101 Technical Report for the Bibiani Gold Mine, operated by Mensin Gold Bibiani, a 90% owned Ghana subsidiary of Asante. The 2022 Technical Report has been prepared to the level of confidence of a Pre-Feasibility Study and will be filed on the Company’s SEDAR profile within 45 days [...]
Asante Gold announces that effective July 15, 2022 the Company has completed the first US$100 million tranche of a US$140 million financing package from strategic financial institutions in Ghana. The initial drawdown of US$100 million will be used to cover local operating costs and the Company’s near-term broader funding and strategic objectives [...]
Asante Gold Corp. is pleased to announce that the first gold pour at the Bibiani Gold Mine has been completed successfully with process of gravity gold concentrate recovered by the Knelson Concentrator. Asante acquired the Bibiani Gold Mine in August 2021 and completed its project execution plan that included refurbishment and upgrade of the [...]
Asante Gold is pleased to announce that further to its application for a secondary listing by introduction on the Main Market of the Ghana Stock Exchange, the Company has received final approval from the Ghana Securities and Exchange Commission and the Ghana Stock Exchange to commence trading. Trading will commence under the symbol ‘ASG’ at the [...]
Asante Gold Corp. is pleased to announce the successful refurbishment, commissioning and start of operation of the Process Plant and associated equipment at the Bibiani Gold Mine. Following an intensive period of refurbishment and upgrade of the Process Plant, principal equipment has been commissioned and confirmed operational. A 14-day period of [...]
Asante Gold announces that the closing of its previously-announced acquisition of the Chirano Gold Mine has been temporarily delayed pending resolution of certain outstanding administrative matters. Following resolution and completion of such matters, the Company expects to proceed to closing of the Chirano Acquisition. All material terms of the [...]
Asante Gold is pleased to announce the successful refurbishment and operation of the primary crusher and associated equipment at the Bibiani Gold Mine. Stockpiling of crushed ore to support the imminent commencement of processing will continue for several weeks, while downstream process plant equipment is commissioned and confirmed operational. The [...]
Asante Gold Corp. is pleased to announce that it has entered into a share purchase agreement with Kinross Gold Corp. to acquire Kinross' 90% interest in the Chirano Gold Mine for a total consideration of US$225 million . The Ghanaian government retains a 10% carried interest in Chirano. The upfront consideration for the Chirano Acquisition will be [...]
Asante Gold Corp. is pleased to announce that it has entered into an Exclusivity Agreement with Kinross Gold Corp. to negotiate the potential purchase of all of their interests in Ghana , including its 90% interest in the Chirano Gold Mine . Chirano is an open-pit and underground mining operation located in southwestern Ghana, immediately south of [...]
Asante Gold Corp. is pleased to announce the appointment of Frederick Attakumah as Executive Vice President and Country Director with effect from April 1, 2022. Mr. Attakumah holds a B.Sc. in Electrical Engineering from the Kwame Nkrumah University of Science and Technology and a Master of Business Administration degree from the Henley Business [...]