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 [...]
Asante Gold Corp. announces a high-grade gold discovery in initial drilling at its South Russel prospect. The discovery is located on the Company's Bibiani mining lease, 3.8 km from the Process Plant. The discovery hole, MGRCD21-047, returned 16m @ 5.75 g/t Au, and was spotted to test anomalous geophysical responses outlined from our ongoing [...]
Asante Gold Corp. is pleased to announce that David Anthony has been appointed President and CEO replacing Douglas MacQuarrie who has been appointed non-executive Chairman of the Company. David Anthony has +40 years' experience in mine project development and operation. His experience includes mine and process plant design, permitting, construction [...]
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 [...]
