Notice: Undefined variable: images_size_articles_big in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 135Notice: Undefined variable: images_size_articles_big in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 135Warning: imagecreatetruecolor(): Invalid image dimensions in /home/jnico/public_html/system/library/image.php on line 105Warning: imagecolorallocate() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 113Warning: imagefilledrectangle() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 116Warning: imagecopyresampled() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 118Notice: Undefined variable: images_size_articles_small in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 136Notice: Undefined variable: images_size_articles_small in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 136Warning: imagecreatetruecolor(): Invalid image dimensions in /home/jnico/public_html/system/library/image.php on line 105Warning: imagecolorallocate() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 113Warning: imagefilledrectangle() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 116Warning: imagecopyresampled() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 118 Asanko Q2 gold production over 62K oz

Milana Kreation

Asanko Q2 gold production over 62K oz

Asanko Gold Inc announces production results for the second quarter (Q2) 2019 from the Asanko Gold Mine (AGM), located in Ghana, West Africa. The AGM is a 50:50 JV with Gold Fields Ltd which is managed and operated by Asanko. All dollar figures are US$ unless otherwise stated.

According to the highlights, AGM Q2 registers a record proceeds of $85.6 million generated from record gold sales of 66,337 ounces at an average realized price of $1,290 per ounce. Record gold production of 62,067 ounces, on track to meet 2019 production guidance!

Q2 2019 has been a very strong quarter with the Asanko Gold Mine setting new records in production, sales and revenue. This is particularly impressive given we are in the final stages of waste mining the Cut 2 pushback at Nkran. The Cut 2 pushback will essentially be finished in Q3 2019, marking the end of our investment program, and will enable the mine to focus on cash generation” commented Greg McCunn, CEO. “We remain on track to achieve our 2019 annual production guidance of 225,000 to 245,000 ounces.”