R/€ = 15.73 Change: 0.00
R/$ = 13.84 Change: 0.00
Au 1281.42 $/oz Change: -12.44
Pt 794.99 $/oz Change: -8.87


La Mancha buys 30% stake in Golden Star for $126m

By: Creamer Media Reporter      2nd August 2018 Private gold investment company La Mancha Holding, which is chaired by Naguib Sawiris, will acquire a 30% stake in TSX-listed Golden Star Resources for $125.7-million. Golden Star owns the Wassa and Prestea underground mines, in Ghana. 

Golden Star to explore potential new gold sites in Ghana

13th April 2018 Canadian gold miner Golden Star Resources, as part of its exploration strategy for 2018 will focus on understanding the deposits at the Wassa Underground gold mine, continue mineral resource expansion drilling at Prestea Underground gold mine and investigate five new underground targets, all in... 

PDAC honours industry leaders

By: Donald Makhafola     16th February 2018 The largest challenge facing the mining industry globally is the disconnect between investors' timeframes and the timeframe to discover and develop mining projects, says exploration and development company NexGen Energy, the winner of nonprofit organisation the Prospectors and Developers... 

Prestea starts to commercial production – Golden Star

By: Henry Lazenby     2nd February 2018 Africa-focused miner Golden Star Resources has achieved commercial production at its Prestea Underground gold mine, in Ghana, the company announced on Thursday. Project construction of Prestea Underground, including the installation of all ancillary infrastructure, is complete, with gold... 

PDAC 2018 Awards Honour Industry Leaders

29th January 2018 The Prospectors & Developers Association of Canada (PDAC) is pleased to announce award recipients in seven categories for 2018. These top international and domestic performers will be honoured with a prestigious award in recognition of their excellence. The annual PDAC Awards – now in its 40th... 

Two miners die at Golden Star’s Prestea mine, Ghana

By: Henry Lazenby     3rd January 2018 The TSX-listed equity of Africa-focused miner Golden Star Resources shed as much as 10% on Tuesday, following a company announcement that two miners have died on December 29 at its Prestea Underground mine, in Ghana. The Toronto-headquartered company, which also has listings on the Ghana Stock... 

Golden Star reports advanced mine development at high-grade Prestea mine, Ghana

By: Henry Lazenby     30th September 2017 Canadian gold miner Golden Star Resources has started stoping activities at its high-grade Prestea underground gold mine, in Ghana, the company announced on Friday. Based in Toronto, the West Africa-focused miner, which also owns the nearby Wassa mine on the prolific Ashanti Gold Belt, said it... 

From loss to profit, Golden Star sees fifth consecutive quarter of production growth

By: Samantha Herbst     2nd August 2017 The second quarter of 2017 marked Ghana-focused Golden Star Resources’ fifth consecutive quarter of production growth, according to a trading update published Tuesday. The New York-, Toronto- and Ghana-listed midtier miner saw a 51% year-on-year increase in gold production in the quarter to 64... 

Ghana's 2017 gold production off to a strong start

By: Anine Kilian     17th January 2017 Ghana's gold sector has had a strong start this year, owing to the start of gold production at a new mine, rising gold prices and a favourable investment environment, Fitch-affiliated market analyst BMI Research said on Tuesday. “We expect the steady growth rate of the country's gold output to... 

West Africa mining summit to focus on challenges affecting region

By: Pimani Baloyi     10th April 2015 The 2015 Western and Central Africa (WaCA) Mining Summit and Expo, which will be held at the Accra International Convention Centre, in Ghana, on May 20 and 21, will focus on ways to mitigate the challenges facing the mining industry in these two regions. The summit’s theme – A Premier Showcase of... 

Golden Star Resources reports strong ROI for underground Ghanaian gold project

By: Henry Lazenby     27th March 2015 Ghana-focused gold miner Golden Star Resources has reported a strong return on investment (ROI) for its brownfield Wassa underground gold project at its currently operating Wassa openpit mine in the country and expected the development to transform the company into a lower-cost gold producer. The... 

Andorinhas mine, Brazil

By: Sheila Barradas     6th March 2015 A gold mine, located in the central eastern area of Para state, in Brazil. 

Wassa mine

By: Sheila Barradas     31st October 2014 A gold mine, located near the village of Akyempim, in the Mpohor Wassa East district, in the western region of Ghana. 

Bogoso Prestea

24th October 2014 The operating Bogoso gold mine and processing operations are located in western Ghana near the town of Bogoso, about 35 km northwest from the town of Tarkwa. 

New course aimed at enhancing skills of community relations practitioners

By: Chantelle Kotze     25th July 2014 Laws regulating the resettlement of communities for mining projects may be poorly defined and could result in delays to approvals that may affect the viability of operations or development projects, says Ghana-based gold mining company Golden Star Resources’ subsidiary Golden Star... 

All systems go for eleventh mining and power expo

By: Pimani Baloyi     2nd May 2014 South Africa-based co-organisers of the West African Mining and Power Exhibition (Wampex), Exhibition Management Services (EMS), says it is all systems go for the upcoming biennial event, which will be held at the Accra International Conference Centre, in Ghana, from May 28 to 30. “For 20 years,... 

Ghana seen as gateway into West Africa

By: Carina Borralho     11th April 2014 Compared with the rest of Africa, Ghana’s economy and political environment are relatively stable, which is consequently encouraging the expansion of mining companies and suppliers into the West African country, says electric motors and drives supplier Zest WEG Group. “Zest WEG Group has been... 

Ghana shows positive investment climate, attracts $13.5bn

By: Carina Borralho     11th April 2014 Ghana’s favourable investment climate has succeeded in attracting some $13.5-billion in mining investment over the last two decades, highlighted Lands and Natural Resources Minister Alhaji Inusah Fuseini at February’s Investing in African Mining Indaba, which took place in Cape Town. “Currently,... 

Vivo Energy – Unleashing the Energy that Powers African Mining

21st February 2013 A joint venture between Vitol, Helios Investment Partners and Shell, Vivo Energy is Shell’s exclusive licensee in Africa*. It inherits all the strengths of Shell in Africa – not just in terms of products, but also in terms of its people, influence and experience. It is an ambitious, vibrant new... 

Golden Star lowers full-year guidance despite improved Q2 production

By: Henry Lazenby     17th July 2012 Ghana-focused Golden Star Resources on Tuesday said that at 85 183 oz, it had produced about 10% more gold in the second quarter than it did in the first. The June-quarter’s increased production brought the company’s total production to 162 908 oz of gold, which was well within its guidance range. 

Exhibition to assist gold miner’s growth strategy

By: Gia Costella     11th May 2012 Gold mining company Golden Star Resources (GSR) will be showcasing its commitment to corporate social investment under its flagship corporate social responsibility (CSR) initiative at this year’s West African mining and power exhibition (Wampex), says GSR VP of operations Dan Owiredu. 

West African mining sector seeks international partnerships to grow industry

13th April 2012 Gold-rich Ghana’s capital city, Accra, will host the tenth West African Mining and Power Exhibition (Wampex), which, this year will continue to focus on international partnerships needed for the development of infrastructure to exploit the mineral resources of West Africa. 


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