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The Wassa Gold Mine is located on the eastern flank of the Ashanti belt in Ghana, West-Africa. The mine is located 150 km west of the capital of Accra. The Wassa Mine …
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Golden Star Resources commissioned orelogy to undertake a life of mine design and schedule update for Wassa Gold Mine, including the Reserve and PEA areas. The …
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The ore from the underground mine will be crushed in a conventional two-stage crushing circuit and grinded in a ball mill before passing through elution and electro-winning circuits for gold extraction. Financing. Golden Star secured $150m financing from Royal Gold (RGI) to develop the Wassa and Prestea gold mines in May 2015.
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ABOUT WASSA. Wassa is located in south-western Ghana. Golden Star commenced production from the surface operation at Wassa in 2005 and commercial production was …
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Golden Star Resources' Wassa Mine concession was sold to Chifeng Jilog Gold Company, a Chinese mining firm, after a deal was reached on January 28, 2022. Chifeng is an international Gold Mining Company listed on the Shanghai Stock Exchange with a market capitalization of approximately US$3.7 billion.
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The Asanko Gold Mine is a multi-deposit complex, with four main open-pit mining areas: Abore, Miradani North, Nkran and Esaase, and multiple satellite deposits, situated on the Asankrangwa Gold Belt, and a 5.8Mtpa carbon-in-leach (CIL) processing plant. Gold production commenced in January 2016 and commercial production was declared on …
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TORONTO, June 24, 2019 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Company") announces that it has filed an updated technical report pursuant to National Instrument ("NI") 43-101 for its Wassa Gold Mine in Ghana entitled "NI 43-101 Technical Report on Resources and Reserves, …
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The Company has added Sepon copper-gold mine and Wassa gold mine to its global portfolio through acquisition in 2018 and 2022 respectively. The Sepon gold-copper mine is one of the largest mines in Laos. In 2018, Chifeng acquired stake in MMG Laos Holding Limited, which holds 90% of LXML for US$275m. 2020 gold production …
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The transition from open-pit mining to underground mining in 2015 marked a major milestone in the life of the mine, with total production increasing from 104,000 ounces in 2016 to 165,000 ounces ...
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The mine is situated in south-western Ghana, about 40km from the Wassa gold mine and the sale will allow the company to accelerate the growth and development of Wassa mine and increase exploration on its wider Wassa-HBB project area. The Bogoso-Prestea open pits and the Prestea underground gold mine recently delivered production.
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Golden Star Wassa Ltd. (GSWL), a gold mining company in Ghana and a subsidiary of Chifeng Gold, has announced that its Board of Directors has appointed Carl Georg Baker-Duly as the companys new ...
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Golden Star Resources Ltd has filed a National Instrument 43-101 technical report, including a mineral reserve and resource update, for the Wassa underground gold …
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Golden Star Resources started gold production on 1 January and is expected to continue to ramp up production during 2017. Search. DRC-Africa Battery Metals Forum. DRC Mining Week. Nigeria Mining Week ... Golden Star Resources achieves commercial production at Wassa gold mine. By Tessa Kruger. January 9, 2017.
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PR. 069/2021 GSR NI 43-101 TECHNICAL REPORT ON THE WASSA GOLD MINE. GSR has released the attached announcement for the information of the general investing …
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Wassa Mine of Golden Star Resources made full use of the processing capacity of the existing concentrator, and obtained the open-pit mining licenses in Benso I Area and DMH Area in July and November 2022, respectively, which quickly provided supplementary ore for the concentrator and provided the foundation and guarantee for the further ...
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Positive assay results received from five new infill and step-out diamond drill ("DD") holes at Wassa Underground ; Step out drilling confirms gold mineralization remains open at least 200 metres ...
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Golden Star Resources Limited has filed a technical report that includes a preliminary economic assessment to expand its Wassa underground gold mine in Ghana. According to the company, its preliminary economic assessment provides enough evidence to develop the mine and to fully utilise the available process plant capacity. The …
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RGLD Gold AG owns the right to purchase 10.5% of payable gold produced from the Wassa mine until the delivery of 240,000 ounces, upon which the stream percentage will decrease to 5.5% for the remaining life of mine. The cash purchase price for gold is 20% of the spot price of gold per ounce delivered until the delivery of 240,000 ounces, and 30 ...
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Golden Star Resources Ltd has filed a National Instrument 43-101 (NI 43-101) technical report which includes a mineral reserve and resource update and a preliminary economic assessment (PEA) of the …
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In 2008, Benso mining operations (40km to the south) commenced to provide a source of high grade ore to the Wassa processing plant. In 2009, mining operations at Hwini-Butre commenced and provided ...
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Golden Star Resources Ltd. announced that it has filed an updated technical report pursuant to National Instrument 43-101 for its Wassa Gold Mine in Ghana entitled NI 43 …
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As at the end of the year 2020, Golden Star Resources had produced about 2.4 million ounces of gold, since its acquisition. The transition from open-pit mining to underground mining in 2015, marked a major milestone in the life of the mine, with total production increasing from 104,000oz, in 2016, to 165,000oz in 2020," he said.
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Chifeng president Lyu Xiaozhao said that Golden Star's Wassa gold mine in Ghana hosts a very significant gold resource endowment. Xiaozhao said: "We intend to invest significant financial and human capital into Wassa to realise the mines' full potential and in doing so expand our operating footprint into West Africa."
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Funding for the projects is from 0.1 per cent of Golden Star Wassa's profit before tax in addition to $1 per every ounce of gold produced and sold by Golden Star Wassa Limited, contributions of ...
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The Upper Mine was previously included in an open pit push back and is now slated for underground mining, as outlined in the NI 43-101 "Technical Report on the Wassa Gold Mine, Mineral Resource ...
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Golden Star owns a 90% interest in, and manages, Golden Star (Wassa) Limited, whose primary asset is the Wassa gold mine, with the Government of Ghana owning the …
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Internal rate of return of 83% estimated for the Wassa Mine at $1,200 per ounce gold price ; Net present value, assuming a 5% discount rate, of $176 million estimated for Wassa Mine, ...
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Golden Star Wassa Ltd (GSWL), a gold mining company in Ghana and a subsidiary of Chifeng Gold has announced that its Board of Directors has appointed Mr. Carl Georg Baker-Duly as Chief Executive ...
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Wassa gold mine reserves. As of 31 December 2015, the Wassa open-pit and underground mine was estimated to contain proven and probable mineral reserves of …
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The Government of Ghana owns the remaining 10% through a free-carry interest. Gold Fields took over the Tarkwa mine from the State Gold Mining Company in 1993 and acquired full ownership of the Damang mine in 2011. Gold Fields divested its 45% interest in the Asanko gold mine to our JV partner Galiano Gold in March 2024.
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Open Pit Mining. Golden Star has been mining the Wassa open pits since 2005. Prior to 2013, mining was in a number of smaller satellite pits which were combined into a single large Wassa Open Pit ...
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Golden Star Wassa Limited (Wassa) is a gold mining company in Southwestern Ghana that has been in operation since 2003. It commenced production from its surface operation in 2005 and commercial production was achieved at Wassa Underground on January 1, 2017. In early 2018 Wassa transitioned into an underground …
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The Wassa Gold Mine is located on the eastern flank of the Ashanti belt in Ghana, West-Africa. The mine is located 150 km west of the capital of Accra. The Wassa Mine was originally developed as an open-pit heap leach operation with the first material mined in October 1998. Golden Star acquired the Wassa mine in 2002,
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The three awards presented to Gold Star Wassa demonstrate its achievements made in health and safety management after the acquisition by Chifeng and the full recognition by the Ghanaian mining industry, allowing Wassa Mine to maintain its position as one of the top large scale mines in Ghana. The awards also show Golden Star Wassa's ...
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Golden Star Resources Ltd has filed a National Instrument 43-101 (NI 43-101) technical report which includes a mineral reserve and resource update and a preliminary economic assessment (PEA) of the potential expansion of the Southern Extension zone in the Wassa underground gold mine in Ghana.
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Limited, which respectively own the Bogoso/Prestea and Wassa/HBB open-pit gold mines in Ghana. In addition, Golden Star has an 81% interest in the currently inactive Prestea Underground mine in Ghana, as well as gold exploration interests elsewhere in Ghana, in other parts of West Africa and in Brazil in South America.
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Mining rates at Canadian-based Golden Star Resources' Wassa gold mine in Ghana averaged a record 4 960 tonnes per day (tpd) through during quarter three (Q3) of 2020 which is 12% higher than the previous record 4b420tpd achieved in …
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