Ghana backs Chifeng Gold’s acquisition of Wassa mine
The Ghanaian government has okayed Chifeng's acquisition of Golden Star, which owns 90% of the Wassa gold mine.
The Ghanaian government has okayed Chifeng's acquisition of Golden Star, which owns 90% of the Wassa gold mine.
Shipping of concentrate to port and delivery of some parts and consumables to the mines continue to be disrupted.
Glass Lewis believes the tie-up will unlock substantial synergy opportunities.
The current chief operating officer succeeds his father and co-founder Philip Pascall, who will remain as chairman.
Pretivm is the owner of Brucejack in British Columbia, one of the highest-grade operating gold mines in the world.
Regarding all of the mined commodities, copper stands out as more bullish than the others, owing to tight supply conditions matched against explosive future demand.
Output at company's founding operation is expected to drop by 15,000 ounces, to between 135,000 to 145,000 ounces.
CEO Jacques Perron said the find affirmed the district-scale potential of the Brucejack project in British Columbia.
The construction of a new tailings storage facility is a key part of the planned $1.3 billion expansion of the Dominican Republic gold mine.
The world's second-largest gold miner by reserves said it continues to “intensively explore” for more resources in the area.