Tag: Mining in Ghana
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Kinross Chirano Gold Mines pays $5m in dividends to gov’t
Kinross Chirano Gold Mines Limited, a subsidiary of Kinross Gold Corporation in the Western Region, has declared its dividend for the fiscal year 2018 to its shareholders, following a strong 2018 operational performance. The government of Ghana, which has a 10% carried interest in the company, was paid a $5 million dividend on December 23,…
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AngloGold’s Obuasi mine pours first gold after 5-year suspension
AngloGold Ashanti Ghana Limited this week poured its first gold from the Obuasi Gold Mine, five years after mining activities were suspended. The first gold signals the successful redevelopment of the mine into a modern, mechanised mining operation, the company said in a news release. “The Obuasi Redevelopment Project, which seeks to access Obuasi’s 30-million-ounce…