- Funding package to drive output at Bibiani-Chirano site to 1.2 million ounces over five years
- Multi-stage financing includes equity, debt, and bonds to solidify Asante’s footprint in Africa
Accra, Ghana – Asante Gold Corporation has announced a comprehensive $525 million financing package to accelerate development at its Bibiani and Chirano gold mines in Ghana. The funding aims to increase production, recapitalize liabilities, and position Bibiani-Chirano as a leading gold district in Africa, with a target of over 250,000 ounces per year and a cumulative 1.2 million ounces over five years.
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