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.

Recent Business

People selling fresh fruits at the market in Addis Ababa, Ethiopia. Photo by Atypeek Dgn @Pexels
How $163mn in EU support is rekindling its strained partnership with Ethiopia
Read More »
Shipyard on the Suez. Photo by Eric Seddon @Pexels
Egypt’s industrial bet: Can the Suez Canal Economic Zone replace lost canal revenues?
Read More »
A woman selling in the market. Photo by B. Aristotlè Guweh Jr @Pexels
South Africa’s inflation puzzle: Markets see calm, households feel the squeeze
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights