Search

Asante Gold Unveils Plans for Underground Mining at Bibiani

Allen dreyfus Logo
© Allen Dreyfus
  • Definitive Feasibility Study (DFS) projects 831,000 ounces of gold over seven years at $1,035 per ounce.
  • Underground operations set to begin in late 2025, with annual production exceeding 250,000 ounces by 2026.

Accra, Ghana – Asante Gold Corporation has taken a significant step toward extending the lifespan of its Bibiani Mine in Ghana, with a new Definitive Feasibility Study (DFS) confirming the potential for underground operations. The study outlines plans to produce 831,000 ounces of gold over an initial seven-year period at an all-in sustaining cost (AISC) of $1,035 per ounce.

You need an active subscription to continue reading this article.

Recent Business

PAPSS CARD LAUNCH © Afreximbank
Can PAPSSCARD compete with Visa and MasterCard on African soil?
Read More »
peinge-nakale-9dM9XfNuRfk-unsplash
Namibia’s banking liquidity improves despite asset dip
Read More »
Photo by Etty Fidele © Unsplash Cocoa
Deadly rains threaten Nigeria’s cocoa harvest, stir global jitters
Read More »

Recent Politics

ZUMA Press Wire) EDITORIAL USAGE ONLY! Not f
Ghana’s opposition petitions president over electoral chaos, illegal mining
Read More »
emmanuel-ikwuegbu-T4q6ZPpYjog-unsplash
Tinubu seeks to win back north at Buhari’s funeral
Read More »
pexels-ninthgrid-2149521550-30688912
Nigeria inflation falls again, raising rate cut hopes
Read More »

Latest Posts

Latest news insights