TSX-AKG NYSE-AKG Gold
1.17 -0.01 -0.85% Volume: 185,550 August 22, 2019
0.88 -0.00 -0.52% Volume: 161,476 August 22, 2019
1,504.60 +0.00 +0% Volume: 486 August 21, 2019

Overview

VISION

Asanko’s vision is to build a low-cost, mid-tier gold mining company through organic production growth, exploration and disciplined deployment of its financial resources.

 
 

PRODUCTION

Jointly owned by Asanko and Gold Fields (JSE, NYSE: GFI), the Asanko Gold Mine is a large scale, multi-pit asset. The mine is managed and operated by Asanko. Built in 2015 ahead of schedule and within budget, first gold was poured in January 2016 and commercial production commenced in April 2016. In 2018, the mine had record production of 223,152 ounces. In 2019, the mine is targeting 225–245,000 ounces of gold at AISC of $1,040–$1,060/oz (on a 100% basis).

EXPLORATION

The Asanko Gold Mine holds the largest land package on the highly prospective and underexplored Asankrangwa Belt. The Asanko exploration team are very excited about the prospects of delineating a third significant ore body to complement Nkran and Esaase.

 
 

STABLE MINING JURISDICTION

Ghana is a well known mining jurisdiction with a long history of gold production and a highly trained workforce. The country is Africa’s 2nd largest gold producer and the world’s 8th largest. Ghana is a stable and functioning democracy. The most recent presidential and parliamentary elections took place in December 2016.

RESPECTED MANAGEMENT TEAM

Asanko is managed by a team of highly skilled and successful technical, operational and finance professionals. Experienced in operating in Africa, mine development and managing large mining operations, the team have a proven track record of delivering shareholder returns.

 
 

RESPONSIBLE BUSINESS

The Company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and its host communities.