Asante Gold (TSE:ASE) has released an update.
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Asante Gold Corporation has announced significant progress in the development of a new sulphide treatment plant at the Bibiani Gold Mine, set to complete by the first quarter of 2025. The $30 million project aims to increase annual gold production to over 250,000 ounces, enhancing gold recovery rates from 70% to 92% and significantly reducing all-in sustaining costs. The advancement of the plant construction is on schedule with a swift four-month payback anticipated post-completion.
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