Boom

The open-pit and underground Chirano gold mine in southwestern Ghana produced 154,668 gold-equivalent oz. in 2021.

Kinross Gold is selling its 90% interest in the Chirano mine in Ghana to fellow Canadian Asante Gold in a cash and shares deal worth $225 million.

Kinross Gold Corp has entered into a sale agreement with Asante Gold Corp to sell its 90% interest in the Chirano mine in Ghana for a total consideration of US$225 million in …

Chirano represented nearly 3% of Kinross' total mineral reserve estimates as of year-end 2021 and with its sale, the company will no longer have assets or interests in Ghana.

About Kinross Gold Corporation Kinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile, Ghana and Canada.

Chirano Gold Mines is also known as Kinross Chirano Gold Mines. Kinross Gold is a Canadian-based senior gold mining company with a diverse portfolio of mines and projects in United …

The deferred payments are being secured by guarantees and pledges of downstream entities that own the Chirano mine. About Kinross Gold Corporation Kinross is a …

Learn about how Kinross is making a positive contribution in the host communities and countries where we operate. Read more about our commitment to responsible mining.

On August 10th, Kinross announced it had completed the sale of its Chirano mine in Ghana to Asante Gold Corporation for US$225 million in cash and shares. For more information, view the news release here.