Tag: Golden Star Resources
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Golden Star Resources sells off 90% of Bogoso-Prestea Mine for $95m
Golden Star Resources Ltd. says it has entered into an agreement with Future Global Resources to trade off 90 percent interest in the Bogoso-Prestea Gold Mine. The agreement demands that an initial purchase price of $55 million shall be paid with a further contingent component of up to US$40 million staged payments to ensure FGR…
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Golden Star Resources President visits Ghana
Mr Andrew Wray, President and CEO of Golden Star Resources has visited Ghana. This is his first visit to the Ghana Operations after taking up the helm of affairs at the company on 1st May 2019. In addition to visiting the company’s operations at Wassa and Prestea both in the Western North Region of Ghana,…
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Mines Chamber urges caution on listing multinationals on the Stock Exchange
Mining industry players are calling for detailed discussions on the implementation of policies seeking to charge multinationals to list on the Ghana Stock Exchange (GSE). They have cautioned of possible concerns over the likelihood of a reduction in stake for major shareholders (dilution of ownership) of mining companies due to the new law. “I think…