Asante Gold initiates works to fast track Bibiani to production

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(Kitco News) – Asante Gold (CSE:ASE) announced today that following a period of detailed review, Harlequin International has been mobilized to initiate the refurbishment of the company’s 3Mtpa Bibiani mine processing plant.

Harlequin is a locally owned company based in Takoradi, Ghana. As part of the Asante strategy, Harlequin will continue to focus on building local competence. To this end, the company said that the project is expected to employ up to 300 people, including sub-contractors, over its 9-month duration.

Asante added it anticipates that the process plant refurbishment project will be complete in June 2022.

President & CEO Douglas MacQuarrie stated, “I am impressed by the quality of people, resources and record of success in the mining business that Harlequin brings to this project. Asante looks forward to working with Harlequin and all of our project partners, towards a safe and successful project execution. Works have already commenced on site. Design and planning initiatives for other aspects of the Bibiani mine development project continue to advance in accordance with our previous communications.”

Asante is a pure gold exploration and development company with a portfolio of projects in Ghana, Africa’s largest and safest gold producer. Asante is focused on developing high margin gold projects including the Bibiani and Kubi Gold mines located on the prolific Bibiani and Ashanti Gold Belts.

Bibiani is a historically significant Ghanaian gold mine situated in the western region of the country. Bibiani has previous production of 4Moz, is fully permitted with available mining and processing infrastructure on site consisting of a 3 million tonne per annum mill and processing plant, and existing underground mining infrastructure.