Frederick Athakuma Md Of Gold Mine In Ghana

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Boston-based Pioneer, which posted deficits of $20.6 million in the first quarter and $33.5 million in 1998, began shopping its gold mine to potential buyers three weeks ago. The Ghanian mine, known as the Teberebie Goldfields, accounted for one-third of the company's losses in the first quarter and nearly two-thirds of its losses last year.

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Kumasi (historically spelled Comassie or Coomassie and usually spelled Kumase in Twi) is a city in Ashanti Region, and is among the largest metropolitan areas in Ghana. Kumasi is near Lake Bosomtwe, in a rain forest region, and is the commercial, industrial and cultural capital of Asanteman.

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Asanko Gold Mine Targets 500,000 Ounces of Gold Per …

MD Zvaipa gave the assurance that Asanko Mines would continue to strive diligently with partners and stakeholders, to ensure that the company becomes a beacon of success in the mining industry. Mr. Charles Amoah, Asanko Gold Mines General Manager, emphasised that community relationship is key to the operations of Asanko.

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Because ore grades of 30 ppm are usually needed before gold is visible to the naked eye, in most gold mines the gold is invisible. The average gold mining and extraction costs were about $317 per troy ounce in 2007, but these can vary widely depending on mining type and ore quality; global mine production amounted to 2,471.1 tonnes.

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Prior to this, Ghana had only four working gold mines compared to the current 10 large-scale mining operations (Hilson, 2002 Hilson, G. 2002. The environmental impact of small-scale gold mining in Ghana: identifying problems and possible solutions. The Geographical Journal, 168: 57 – 72.

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4. Representing AngloGold Ashanti at the Ghana Chamber of Mines and serving as the 1st Vice President of the industry body in Ghana 5. Representing the Ghana Chamber of Mines at the Private Enterprises Federation (PEF) and contributing meaningfully towards shaping of policy to enhance development of the private sector in Ghana.

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Asanko Gold Mine Targets 500,000 Ounces Of Gold Per Annum

It follows the successful commissioning of the Obotan Mine, after investing US$295 million in the first phase. Asanko Gold Mine is the product of years of exploration by Keegan Ghana Limited, which acquired the Obotan project initially, in 2010.

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He said Asanko Mines, the newest large-scale gold mine in Ghana, intends to be a mid-tier gold mining company to produce about 500,000 ounces of gold per annum.

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