Asante Gold secures $500M gold deal with Fujairah, boosting Bibiani mine production.

Asante Gold Corporation has secured a $500 million gold purchase agreement with Fujairah Holdings LLC, providing Asante with $100 million in revolving financing over two years. This deal aims to boost mining activities and complete a sulphide treatment plant at the Bibiani mine, owned by Asante Gold Bibiani Ltd. The financing will support increasing gold production to over 15,000 ounces per month by mid-year.

3 months ago
5 Articles

Further Reading