Kinross Gold sells all of its Asante stock
Kinross Gold (TSX: K, NYSE: KGC) has sold its entire shareholding in Asante Gold (TSXV: ASE) at a discount, without providing reasons for the divestment. Kinross sold about 36.9 million…
Asante Gold
Kinross cuts Asante Gold stake by nearly half
Kinross Gold (TSX: K, NYSE: KGC) has reduced its holding in Ghana-focused Asante Gold (CSE: ASE) by nearly half. It sold 29.9 million Asante shares, about 45% of its holding,…
Ghana to shorten permitting, boost communities
Ghana, the top gold producer in Africa and sixth globally, has introduced a major overhaul of its mining legislation aimed at shortening permit timelines and boosting revenue for host communities….
Asante locks in $635M refinancing, eyes TSXV debut
Asante Gold (CSE: ASE; US-OTC: ASGOF) has secured $470 million (C$635 million) to refinance debt, fund expansion at its Bibiani and Chirano gold mines in Ghana, and prepare for a…
Newcore Gold rises on strong assays at Enchi in Ghana
Drilling by Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) at its Enchi project in southwestern Ghana has returned results as high as 15 metres grading 3.83 grams gold per tonne. Shares rose….
Asante Gold’s feasibility extends Bibiani 7 years
Asante Gold‘s (CSE: ASE USOTC: ASGOF) new definitive feasibility study (DFS) confirms the potential to extend Bibiani in Ghana by at least seven years through mining underground reserves below the…
Asante nets US$500M forward purchase deal for gold produced at Bibiani
Asante Gold (CSE: ASE; US-OTC: ASGOF) has secured US$500 million from UAE’s Fujairah Holdings for the forward sale of gold produced at its Bibiani mine in Ghana. An advance deposit…
Li-FT secures mystery lithium investor
Li-FT Power (TSXV: LIFT; US-OTC: LIFFF), which claims to have Canada’s third-largest maiden hard rock lithium resource, said this week that an unnamed investor is buying 9.99% of the company…
Asante Gold shuns takeover bid from UAE investor firm
Asante Gold (CSE: ASE) has turned down a takeover proposal by Fujairah Holding LLC, a global investment company based in UAE that owns a 11.43% stake in the West Africa-focused…
Asante Gold targets synergies and extending mine life at Bibiani and Chirano in Ghana
The Bibiani and Chirano gold mines, situated 15 km apart in Ghana, are expected to produce a combined 400,000 oz. of gold next year, according to Asante Gold (CSE: ASE)….
Asante pours first gold at Bibiani mine in Ghana
Asante Gold (TSXV: ASE) has poured first gold at its Bibiani gold mine in Ghana. The mine is expected to produce 175,000 ounces of the precious metal over the next 12 months….
Asante Gold starts Bibiani mine processing plant
Canada’s Asante Gold (TSXV: ASE; US-OTC: ASGOF) has begun operations of the processing plant and associated equipment at its Bibiani gold mine in Ghana. The gold exploration and development company plans to…