Asante Gold (TSE:ASE) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Asante Gold Corporation has commenced mining at the Russel Starter Pit of the Bibiani Gold Mine in Ghana following the acquisition of all necessary permits, marking a significant progression towards their goal of producing over 500,000 ounces of gold by 2028. The Russel deposit, with its 119,000 ounces of gold, is anticipated to contribute to the Bibiani-Chirano area becoming the seventh largest gold producing district in Africa. Local support and timely permit issuance have been vital in this achievement, with operations expected to reach full capacity by the end of October 2024.
For further insights into TSE:ASE stock, check out TipRanks’ Stock Analysis page.