Asante Gold Corporation
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Campbell Baird
- Full Time Employees
- 1,452
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 800 West Pender Street Vancouver BC Canada V6C 2V6
- IPO Date
- May 15, 2015
- Website
- asantegold.com
- Similar Companies
- Business
- Asante Gold Corporation engages in gold production, exploration and development with a high-quality portfolio of mines and projects in Ghana, Africa's largest and safest gold producer; it operates the Bibiani and Chirano gold mines through its subsidiaries Asante Gold Bibiani Limited and Asante Gold Chirano Limited, both located in the Western North Region, and advances the Kubi development project and exploration initiatives including Keyhole, Fahiakoba and Betenase on the prolific Bibiani and Ashanti Gold Belts. The company offers gold mining operations with ongoing expansions such as plant upgrades for increased throughput and recovery at Bibiani, including a scalping screen, oxygen plant and sulphide recovery plant targeting over 90% gold recovery, alongside transitions to underground mining and infrastructure enhancements to support projected annual production of approximately 400,000 ounces in 2025 and over 500,000 ounces by 2028 at reduced all-in sustaining costs. Founded in 2011 and headquartered in Vancouver, Canada, with a key office in Accra, Ghana, Asante trades on the TSX Venture Exchange (ASE), Ghana Stock Exchange (ASG) and OTCQX (ASGOF); it serves institutional investors and gold markets while prioritizing ESG principles aligned with IFC Performance Standards and ICMM guidelines. Recent developments include a US$175 million blended financing package from Appian Capital Advisory in 2025 comprising senior secured debt, subordinated loan, gold stream and equity placement to fund growth at Bibiani and Chirano, complemented by a US$120 million credit package from Rand Merchant Bank and a restructuring agreement with Kinross Gold Corporation, alongside US$470 million in total refinancing commitments and operational upgrades like Bibiani's sulphide circuit commissioning.
Company News
Asante Provides Financing Update
Asante Updates M&I Resource to 4.6 Million Ounces at Bibiani and Chirano Gold Mines
Asante Gold Announces Management Change
Asante Provides Strategic Review and Operational Update
Asante Gold Announces Appointment of Chief Development Officer
Asante Provides Financial and Operating Results for the Quarter Ended March 31, 2026
Asante Gold Corporation Announces Appointment of Acting Chief Executive Officer
Asante Reports Fourth Quarter and FY2025 Results
Asante Gold (OTCMKTS:ASGOF) Trading 4.2% Higher – Here’s Why
Asante Gold Closes Previously Announced Non-Brokered Private Placement
Asante Gold Closes C$179.4 Million Bought Deal Private Placement of Common Shares
Asante Gold (OTCMKTS:ASGOF) Trading 0.3% Higher – Here’s What Happened
Asante Gold Increases Previously Announced Bought Deal Private Placement to C$156 Million
Asante Gold (OTCMKTS:ASGOF) Trading 0.2% Higher – Should You Buy?
Asante Gold: Growth In Medium-Sized Gold Production, But With Relevant Risk
Asante Gold Announces Intention to Dual List on ASX
Asante Gold Announces Results of Annual General & Special Meeting of Shareholders
Asante Provides Further Update on Upcoming Shareholder Meeting and the Availability of Proxy Materials
Asante Announces Details of Its Shareholder Meeting and the Availability of Proxy Materials
Asante Provides an Update on Bibiani and Chirano Exploration