- Asante Gold (ASE) has awarded a mining contract to PW Mining
- Open pit mining operations will start in February
- More than 850 people will be employed by PW Mining at the Bibiani site
- Asante and PW Mining will employ more than 70 per cent of the mine workers from the immediate community
- Refurbishment of the processing plant remains on track and on budget for the first gold pour in Q3 2022
- Asante is a gold exploration and development company with a portfolio of projects in Ghana
- Asante Gold Corporation (ASE) opened trading at C$0.065 per share
Asante Gold (ASE) has awarded a mining contract to PW Mining and mobilization to the Bibiani site has commenced.
The Bibiani Mine is located in western Ghana.
Open-pit mining operations will start in February and will include the development of satellite pits and providing feed material to the Process Plant from Q2 2022.
Main pit development, to its planned ultimate +350 metres depth in 2029, includes a 4-stage cut-back program. The total material movement will be up to 75 million tonnes/year. PW Mining will mobilize up to 125 units of heavy equipment, including drills, excavators, haulage trucks, bulldozers, and ancillary equipment.
Site establishment includes the construction of a heavy equipment maintenance facility, offices, and a training center.
PW Mining has been in operation in Ghana since 1994 and has delivered projects for many major mining companies in Ghana, including the Asanko Gold Obotan mine.
More than 850 people will be employed by PW Mining at the Bibiani site. Having previously been contracted to mine at Bibiani, PW Mining is well known to the local communities where most of its workforce will be sourced. Asante and PW Mining will employ more than 70 per cent of the mine workers from the immediate community. To support the achievement of this objective, a training center will be built and equipped with a state-of-the-art heavy equipment simulator facility, ensuring operators are trained and certified to the highest industry standards.
Refurbishment of the processing plant was initiated in September 2021 and remains on track and on budget for the first gold pour in Q3 2022. To achieve this objective, more than 900 people have been working on site.
Douglas MacQuarrie, President & CEO commented on the partnership with PW Mining.
“Our team has been impressed by the quality of people, resources, and record of success in the mining business that PW Mining brings to the Bibiani Mine. Asante looks forward to working with PW Mining, and all our other project partners, to continue to deliver a safe and successful operation.”
Asante is a gold exploration and development company with a portfolio of projects in Ghana. Asante is focused on developing gold projects including the Bibiani and Kubi Gold mines located on the Bibiani and Ashanti Gold Belts.
Asante Gold Corporation (ASE) opened trading at C$0.065 per share.
