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Golden Star to sell stake in Bogoso-Prestea gold mine in Ghana

 · Golden Star Resources has signed a binding agreement to sell its Bogoso-Prestea gold mine in Ghana for a purchase price of up to $95m. Future Global Resources (FGR), London-based mining company, will acquire 90% stake in the gold mine for purchase price of $55m with a further contingent component of about $40m.

GOLD: Golden Star sells Bogoso-Prestea to Future Global Resources

 · GOLD: Golden Star sells Bogoso-Prestea to Future Global Resources. GHANA - Golden Star Resources has announced it will sell its 90% stake in the Bogoso-Prestea gold mine in southwestern Ghana to Future Global Resources for US$55 million and contingent payments of up to another US$40 million. The mine is about 40 km from Golden Star''s Wassa ...

Golden Star Resources (GSS) Latest Stock News

Description : Golden Star Resources Ltd. engages in gold mining and exploration activities. It owns and operates the Wassa and Prestea mines situated in Ghana. It operates through the following segments: Wassa, Bogoso or Prestea, Other, and Corporate. The company was founded by David A. Fennell on May 15, 1992 and is headquartered in Toronto ...

Assets

The Bogoso Prestea concession has 3.3m oz of proven gold reserves and production is expected to reach 100,000 oz in 2022. Blue International has recently started a transformation program at Bogoso Prestea including plans to invest USD $300 million to maximise the potential of the refractory processing plant.

Future Global Resources takes over Bogoso-Prestea Mine— …

US$185million capital injection in a joint venture between Goldfields and Asanko Gold in March 2018. About US$1.4billion capital when Goldfields had to expand the Damang Mine. US$500million capital investment into the Obuasi Mine in 2018. But Golden Star Bogoso Prestea Limited''s (GSBPL) recent sale to Future Global Resources (FGR), is raising ...

Trade Gold CFDs

 · Golden Star Resources has announced it will sell its 90% stake in the Bogoso-Prestea gold mine in southwestern Ghana to Future Global Resources for $55 million and contingent payments of up to ...

BOGOSO MINE REFINED | Obuasi Gold Mine

The gold mine is located approximately 15km south of the Bogoso mine and adjacent to the town of Prestea. This is a partially owned site of OGM and has been in operation since 2002. Obuasi Gold Mine operates a cluster of well-established gold mines within ...

Golden Star Resources amends agreement for the Sale of Bogoso-Prestea Mines …

 · Golden Star Resources Ltd. in July 2020, announced that it had entered into an agreement with Future Global Resources to trade off 90 percent interest in the Bogoso-Prestea Gold Mine. At the time, it said the agreement demanded that an initial purchase price of $55 million shall be paid with a further contingent component of up to US$40 million ...

Major Mines & Projects | Bogoso-Prestea Mine

Blue International acquired the Bogoso Prestea Gold Mine concessions in 2020, along with the Government of Ghana, which holds 10% interest in the mines. The mining assets are developed and operated through Future Global Resources ("FGR"), established by Blue in 2020.

Home

 · Blue International Group''s assets include Bogoso-Prestea, a world-class operational gold mine located within the world-famous Ashanti Gold Belt in Ghana, and two grid-scale renewable power projects, with its flagship project, Bumbuna II, which is located in

Golden Star restructures ''Consideration'' for Bogoso-Prestea mine …

 · Golden Star restructures ''Consideration'' for Bogoso-Prestea mine sale to FGR Golden Star Resources Ltd., which owns and operates the Wassa underground mine in the Western Region of Ghana, has announced in a statement that it has concluded negotiations with Future Global Resources Limited (FGR) to restructure the consideration for the purchase of …

Golden Star

 · Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ("Golden Star" or the "Company") announces that Future Global Resources Limited ("FGR") has defaulted on its obligation to pay the Company''s wholly-owned subsidiary, Caystar Holdings ("Caystar"), $15 million of the purchase price relating to the sale of Golden Star''s 90% interest …

Bogoso-Prestea Gold Mines sold to FGR in a ''bizarre'' transaction …

 · Bogoso-Prestea Gold Mines sold to FGR in a ''bizarre'' transaction arrangement. The Bogoso-Prestea Gold Mine, a subsidiary of Golden Star Resources, which has now been transferred to Future Global Resources Limited (FGR), at an initial US$5.0 million cash consideration, has been deferred by up to six months to March 30, 2021 pending ...

Golden Star Resources Ghana

Golden Star has a 21 year history of producing gold in Ghana. The Company expects to produce 165,000-175,000 ounces of gold at a cash operating cost of $1,000-$1,075 per ounce in 2021. Ghana is a stable jurisdiction with a century-long history of mining and good existing infrastructure. Golden Star is an established gold mining company with two ...

Gilpez Royal Gold – Gold is Wealth

Gilpez Royal Gold, with its head office in Ghana, is an independent, global gold mining company with a diverse, high-quality portfolio of operations, projects and exploration activities across countries. Our primary business activity is the exploration for, development and operation of gold orebodies to transform these into economic and social ...

List of Gold mining companies in Ghana

Ghana has 23 large-scale mining companies producing gold, diamonds, bauxite and manganese, and, there are also over 300 registered small scale mining groups and 90 mine support service companies. Other mineral commodities produced in the country are natural gas, petroleum, salt, and silver.

Golden Star sells Bogoso-Prestea to Future Gold

 · Golden Star Resources has announced it will sell its 90% stake in the Bogoso-Prestea gold mine in southwestern Ghana to Future Global Resources for $55 million and contingent payments of up to ...

Golden Star (Bogoso/Prestea) Limited

 · Golden Star (Bogoso/Prestea) Limited. Prestea is in south-western Ghana, approximately 40km from the Wassa Gold Mine. Previously, production was being delivered from the Prestea Open Pits and the Prestea Underground Gold Mine. In the second half of 2018, Prestea became an underground-focused operation. Prestea Underground has exploration …

Update on Bogoso Refractory Operations

Toronto, ON – July 3, 2015 – Golden Star is pursuing a strategy of transforming to a low cost non-refractory gold producer. In line with this strategy, the refractory mining and processing operations at Bogoso were due to be closed in the fourth quarter of 2015.

Golden Star

 · A mining company with interest in the gold mining operations in Ghana TORONTO, Oct. 1, 2020 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) GSE: GSR) ("Golden Star" or the "Company") is pleased to announce that it has completed the sale of its 90% interest in the Bogoso-Prestea Gold Mine ("Bogoso-Prestea") in Ghana to …

PROJECTS | Obuasi Gold Mine

TARKWA MINE PRODUCT. The Tarkwa mine is one of the largest gold mines in Ghana and in the world. The mine is located in the south-west of the country in the Western Region. The mine has estimated reserves of 15.1 million oz of gold. OGM owns about 43% of the mining operation in Tarkwa mines. Open-pit.

Trade Gold CFDs

 · Golden Star (Bogoso/Prestea) Limited. Prestea is in south-western Ghana, approximately 40km from the Wassa Gold Mine. Previously, production was being delivered from the Prestea Open Pits and the Prestea Underground Gold Mine. In the second half of 2018, Prestea became an underground-focused operation. Prestea Underground has exploration …

Golden Star Resources Ltd.

 · of the Bogoso processing plant for the processing of refractory ores using a stirred tank bio-oxidation method. 6. The Mineral Resources have been determined using a cut-off grade based on (i) a gold price of US$300 per ounce, and (ii) mining and derived from 7.

Golden Star

 · Golden Star is an established gold mining company that owns and operates the Wassa underground mine in the Western Region of Ghana, West Africa. Listed on the NYSE American, the Toronto Stock Exchange and the Ghanaian Stock Exchange, Golden Star is focused on delivering strong margins and free cash flow from the Wassa mine.

Golden Star (Bogoso/Prestea) Limited Vacancies August 2021

Golden Star (Bogoso/Prestea) Limited Vacancies. Golden Star is an established gold mining company with producing mines and development projects on the prolific Ashanti Gold Belt in Ghana. Both of the Company''s mines, Wassa and Prestea, are expanding to develop underground mines below existing open pit operations.

About Brahama Local Gold Mining | BOGOSO GOLD MINING …

Welcome to the official web presence of the Brahama Local Gold Mining . Brahama Local Gold Mining is a major indigenous gold mining entity in the Western Region of Ghana. Brahama Local Gold Mining is made up of foremost independent local miners as well as

Royal Gold Inc.

Royal Gold owns a large portfolio of producing, development, evaluation and exploration stage streams and royalties on properties located in some of the world''s most prolific gold regions and operated by some of the most well-known companies in the mining industry. With this high-quality portfolio that spans the development cycle for mining ...