Asanko Gold’s flagship asset is its 45%-owned Asanko gold mine in Ghana, which it co-owns with South African gold miner Gold Fields, with 45% ownership; and the Ghanaian government, with 10%. The Asanko mine is a large, multi-pit asset that is managed and operated by Asanko Gold. Located on the Asankrangwa gold belt, the assets comprise nine deposits and 11 pits.
It was built in 2015 ahead of schedule and within budget, with first gold was poured in January 2016, and commercial production attained in April 2016.
In 2018, the mine had record production of 223,152 oz. gold on a 100% basis.
This year, Asanko Gold says the mine is targeting production of 225,000 to 245,000 oz. gold at all-in-sustaining costs of US$1,040 to US$1,060 per once, and is on track to reach that figure with 60,425 oz. gold produced in the first quarter of 2019, on a 100% basis.
Above, the processing plant at Asanko Gold’s namesake gold mine in Ghana, which handles ore from the nearby Nkran pit. .
📷 Photo credit: Asanko Gold.