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Bibiani Gold Mine sold for 90million

10 08 2021  Australian gold miner Resolute Mining has announced that it has agreed to sell the Bibiani Gold Mine in Ghana to Canadian gold developer Asante Gold Corporation for 90million In a statement issued on August 5 Resolute said both parties are committed to ensuring an orderly transition of ownership at Bibiani

Resolute Mining to sell Bibiani Gold Mine in Ghana for 105m

16 12 2020  Africa focused miner Resolute Mining has signed a binding agreement to sell the Bibiani Gold Mine in Ghana for 105m The mine will be acquired by Chijin International HK a wholly owned subsidiary of Chifeng Jilong Gold Mining As agreed Resolute will receive 5m deposit on signing the agreement and the remaining 100m on completion

Asante Gold to acquire Bibiani gold mine from Resolute

06 08 2021  GHANA Resolute Mining Ltd has announced that it has agreed to sell its Bibiani gold mine in Ghana to Asante Gold Corp for US 90 million in cash The company will receive an initial US 30 million payment followed by another US 30 million on

Ghana scraps Resolute s mining lease for Bibiani Gold Mine

25 03 2021  Resolute Mining announced that the mining lease for its Bibiani Gold Mine in Ghana has been scrapped by the Ghanaian government The company had received a letter from the Ghanaian Minerals Commission that the Ghanaian Minister of Lands and Natural Resources had instructed to terminate the mining lease

Resolute Mining vs Ghana Sign of a looming crisis in the

14 04 2021  By suddenly ordering the mining company to cease all activity at the mine site without any explanation the Ghanaian government sent shockwaves through the stock price of Resolute By close on Wednesday Resolute s stock price was down 24 7 on the London Stock Exchange hitting a record low since listing in the late 1990s

Resolute Examining Options To Re start Bibiani Gold Mine

Resolute Mining Limited ASX/LSE RSG has initiated a strategic review process to evaluate options for re starting operations at the Bibiani Gold Mine in Ghana Managing Director and CEO John Welborn said the strategic review of Bibiani is designed to

Asante Gold buys Bibiani mine from Resolute in 90m deal

05 08 2021  Gold miner Resolute Mining has struck a 90 million deal with Asante Gold to sell its Bibiani gold mine in Ghana Resolute earlier this year was forced to terminate a 105 million sales agreement over the Bibiani project with China s Chifeng Jilong Gold Mining Co after the Ghanaian Minerals Commission terminated the mining lease for the Bibiani gold mine and ordered Resolute to

RESOLUTE MINING GHANA ORDERS BIBIANI MINE TERMINATION

Australian based Resolute Mining is seeking legal advice after being hit with a notice from Ghana s Minerals Commission terminating the mining lease over its 100 owned Bibiani gold mine in the western region The termination and notice to cease all activities and operations comes three months after Resolute agreed to sell the mothballed mine to China s Chifeng Jilong Gold Mining for

Resolute to offload Bibiani for US90 million

05 08 2021  Resolute is proud of its contribution to Ghana and particularly proud to have the opportunity to transfer ownership in Bibiani to a highly regarded team with strong ties to Ghana The transaction is consistent with our strategic focus on our core operating assets and strengthening the balance sheet with the initial cash receipt of US 30 million to be applied to the voluntary repayment

Resolute Mining shares drop 25 on Ghana lease termination

Resolute Mining LSE RSG L said it is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated The miner has been ordered to cease all activities and operations at the mine site Resolute said the action on behalf of the Minister of Lands and Natural Resources had been unexpected and that the company was seeking clarification from the Minister s office

Resolute locks in 122m Bibiani sale

05 08 2021  Perth based Resolute Mining has secured a new buyer for its Bibiani asset in Ghana proud to have the opportunity to transfer ownership in Bibiani to a highly regarded team with strong ties to Ghana He said Resolute didn t expect there to be any material tax implications following the sale

Resolute wins back Bibiani lease from Ghana on condition

14 04 2021  Resolute was to bank about 105m from the sale of Bibiani currently in mothballs before the Ghanaian government terminated the mining lease earlier this month Proceeds from the sale to Chifeng would have accelerated the deleveraging of the firm s balance sheet Resolute said in March that it expected to generate sufficient operating cash

Resolute Mining shares drop after Bibiani lease terminated

25 03 2021  Resolute Mining LSE RSG L said it is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated The miner has been ordered to cease all activities and operations at the mine site Resolute said the action on behalf of the Minister of Lands and Natural Resources had been unexpected and that the company was seeking clarification from the Minister s

Resolute Mining sells Bibiani to Chinese group

15 12 2020  Australia s Resolute Mining ASX LON RSG has agreed to sell its Bibiani gold mine in Ghana to China s Chifeng Jilong Gold Mining for 105 million cash The

Asante Gold buys Bibiani mine from Resolute in 90m deal

05 08 2021  Gold miner Resolute Mining has struck a 90 million deal with Asante Gold to sell its Bibiani gold mine in Ghana Resolute earlier this year was forced to terminate a 105 million sales agreement over the Bibiani project with China s Chifeng Jilong Gold Mining Co after the Ghanaian Minerals Commission terminated the mining lease for the Bibiani gold mine and ordered Resolute to

Resolute Mining to sell Ghana mine to Asante Gold for US

05 08 2021  Australian Gold miner Resolute Mining Ltd has entered into an agreement to sell the Bibiani Gold Mine in Ghana to Asante Gold Corporation for US 90 million It follows approval by the Ministry of Lands and Natural Resources Minister Abu

Resolute to sell Ghana mine to Asante Gold for 90m

05 08 2021  Resolute Mining shares rose 4 5 to A 0 58 in early trade The deal had been approved by Ghana s minister of lands and natural resources and is expected to be completed in the next 10 days Resolute Mining said in a statement

Resolute Mining shares drop after Bibiani lease terminated

25 03 2021  Resolute Mining LSE RSG L said it is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated The miner has been ordered to cease all activities and operations at the mine site Resolute said the action on behalf of the Minister of Lands and Natural Resources had been unexpected and that the company was seeking clarification from the Minister s

Australia s Resolute Mining to sell Bibiani mine to Asante

06 08 2021  Australian gold miner Resolute Mining Ltd said on Thursday it would sell its Bibiani mine in Ghana to Canada s Asante Gold Corp for US 90 million The sale comes months after China s Chifeng Jilong Gold Mining cancelled a deal to buy the mine saying it had not received timely information about the termination of a mining lease

Resolute Mining Sale of Bibiani Gold Mine

15 12 2020  Resolute Mining Limited Resolute or the Company has entered into a binding agreement to sell the Bibiani Gold Mine in Ghana to Chifeng Jilong Gold Mining Co Ltd Chifeng US 100 million on completion expected by March 2021 following satisfaction of government approvals and other conditions Chifeng intends to progress the redevelopment of

Resolute finds a buyer for Bibiani

05 08 2021  Resolute Mining has sold its Bibiani gold asset in Ghana for US 90 million to a Canada based company with 30 million received and completion of the

Asante Gold acquires Bibiani Gold Mine in Ghana

05 08 2021  Canada s Asante Gold Corp has entered into an agreement with Resolute Mining Limited Resolute to purchase 100 of their Bibiani Gold Mine in Ghana The sale comes months after China s Chifeng Jilong Gold Mining cancelled a deal to buy the mine saying it had not received timely information about the termination of a mining lease

mining resolute mining ghana

Resolute Mining Limited Operational Update Syama Gold Resolute maintains its FY2015 group production guidance of 315 000 ounces at an average cash cost of 890 oz Resolute Mining Limited ASX RSG quotResolute quot or the quotCompany quot is pleased to announce the commissioning of the oxide circuit at its Syama Gold Mine quotSyama quot in Mali is expected to be completed on budget and

Resolute Mining sells Bibiani to Chinese group

15 12 2020  Australia s Resolute Mining ASX LON RSG has agreed to sell its Bibiani gold mine in Ghana to China s Chifeng Jilong Gold Mining for 105 million cash The

Asante Gold Announces Acquisition of Resolute s Bibiani

05 08 2021  Asante has agreed to buy all of Resolute s interest in Bibiani through the purchase of 100 of the shares in Mensin Bibiani Pty Ltd by paying to Resolute total cash consideration of US 90

Ghana restores Bibiani gold mine lease but against Chifeng

15 04 2021  The Ghanaian government has restored the mining lease for the Bibiani gold mine ASX and LSE listed Resolute Mining reported on Wednesday however the sale of the asset was now being questioned The company in March this year announced that it would seek legal advice after the Ghanaian Minerals Commission terminated the mining lease for the Bibiani gold mine and ordered

Resolute sells Bibiani to Canadian miner

19 08 2021  ASX and LSE listed Resolute Mining has successfully completed the sale of the Bibiani gold mine in Ghana to Canada based Asante Gold Corporation for

Resolute Mining to sell Ghana mine to Asante Gold for US

05 08 2021  Australian Gold miner Resolute Mining Ltd has entered into an agreement to sell the Bibiani Gold Mine in Ghana to Asante Gold Corporation for US 90 million It follows approval by the Ministry of Lands and Natural Resources Minister Abu Jinapor The sale comes months after China s Chifeng Jilong Gold Mining cancelled a deal to buy the mine saying it had not received

Resolute agrees to sell Bibiani for 90m to Ghanaian start

05 08 2021  RESOLUTE Mining has launched a second attempt at the sale of the mothballed Bibiani mine in Ghana with the outlook second time round looking significantly better given the buyer is a company with local ownership The UK listed

Asante Gold acquires Resolute s Bibiani mine for 90m

06 08 2021  Swanepoel has 43 years mining experience and has worked on many mines in Africa of which the latest was the Galiano GoldGoldfields Nkran mine in Ghana Geologist and Ghana resident Dean Bertram who has held the position of MD of Mensin Gold Bibiani for the past two years and served on the boards of Resolute s Ghanaian and Ivorian subsidiaries is executive GM

Resolute Mining shares drop 25 on Ghana lease termination

Resolute Mining LSE RSG L said it is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated The miner has been ordered to cease all activities and operations at the mine site Resolute said the action on behalf of the Minister of Lands and Natural Resources had been unexpected and that the company was seeking clarification from the Minister s office

Resolute Mining ASX RSG to sell Bibiani gold mine for

16 12 2020  Resolute Mining closed 0 68 per cent down for 72 cents per share Resolute Mining RSG has entered a binding agreement to sell the Bibiani gold mine in Ghana to China based Chifeng Jilong Gold Mining The deal will net Resolute around US 105 million approximately A 139 33 million Resolute has already poured a sizeable amount of funding and

Bibiani Gold Mine Operations Update

08 11 2021  In July 2018 Resolute Mining Limited based on some 50 500 metres of drilling released an updated feasibility study for Bibiani see ASX Announcement dated 13 July 2018 reporting JORC compliant Mineral Resources at Bibiani of 21 7 million tonnes at 3 6 grams of gold per

Asante Gold acquires Bibiani Gold Mine in Ghana from

23 08 2021  Asante Gold acquires Bibiani Gold Mine in Ghana from Resolute Mining Canada s Asante Gold has acquired Bibiani Gold Mine in Ghana from Australia based Resolute Mining for 90m in cash According to the deal signed earlier this month Asante will make an initial payment of 30m At that time Resolute said it would use the money for voluntary

Ghana restores Bibiani gold mine lease but against Chifeng

15 04 2021  April 15 2021 0 677 Bibiani gold mine ghana The Ghanaian government has restored the mining lease for the Bibiani gold mine ASX and LSE listed Resolute Mining reported on Wednesday however the sale of the asset was now being questioned The company in March this year announced that it would seek legal advice after the Ghanaian

Resolute Mining ASX RSG to sell Bibiani gold mine for

16 12 2020  Resolute Mining closed 0 68 per cent down for 72 cents per share Resolute Mining RSG has entered a binding agreement to sell the Bibiani gold mine in Ghana to China based Chifeng Jilong Gold Mining The deal will net Resolute around US 105 million approximately A 139 33 million Resolute has already poured a sizeable amount of funding and