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Minerals Commission Board visits Asanko Gold

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The Minerals Commission Board led by the Chairman, Mr Emmanuel Kofi Kaningen, has paid a day’s working visit to Asanko Gold, a developing mine at the Amansie West District in the Ashanti Region.

Mr Joe Zvaipa, the Managing Director of Asanko Gold, told the visiting Minerals Commission Board that the company is schedule to start production at steady state of 200 000 oz/pa by first quarter in 2016.

He said: “The production level will be increased to a minimum of 300 000 oz/pa by first quarter 2018 and further have reserves to ensure a Life of Mine of five years at 500 000 oz/pa by first quarter 2021.”

Giving the general overview of the company, Charles Amoah, General Manager of the company, said Asanko Gold Incorporated is currently listed on the Toronto and the New York Stock Exchange.

He said there are three subsidiary companies in Ghana; Keegan Resources Ghana Limited, Adansi Gold Company (Gh) Ltd (acquired from PMI in February 2014) and Asanko Gold Exploration (Gh) Ltd.

Mr Amoah assured the Minerals Commission Board that Asanko Gold would conduct its mining in a responsible manner that would lead to a sustainable development and benefit for all stakeholders.

Mr Emmanuel Kofi Kaningen, the Chairman of Minerals Commission Board, commended the company’s Board, management and staff for the effort and commitment in bringing such a flagship mine in times of falling gold prices.

He assured them of the Commission’s support.

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Monte Pypi Darteh Kwadwo Collins, Famously Known as Monte OZ is a Dominican Ghanaian Born Television Host & International Media Correspondent Primarily Working in Ghana. He is Proud of His Ethnic. He Believes He Can & He Will. He is Not Measured By His Accent or By His Color. He is a Descendant of the Strong People. He Love, Laugh & Cherish His Family. He Listens to the Songs that Sings in Him and Encourage His Spirit to Dance. Monte OZ loves the Possibilities He Sees.