Ashanti Goldfields Company Limited



Nelson eyes suspended gold mine

In its first venture outside the Commonwealth of Independent States, Nelson Gold (NLG-T) is looking to acquire a majority interest in the suspended Kalana gold mine in Mali, West Africa.Nelson recentl…


Sahelian acquires Poura

Toronto-based Sahelian Goldfields (SHGI-C) has acquired the Poura mine, a former gold producer in Burkina Faso, West Africa.In addition to the mine, which has produced more than 600,000 oz. gold from …


Ashanti signs Shamrock deal

Shareholders of Australian-based Golden Shamrock Mines (GSX-T) have approved its acquisition by Ghana-based Ashanti Goldfields (ASL-N).Approval from the Supreme Court of Victoria in Australia was expe…


Saoura yields gold for Iamgold, Ashanti

The first phase of drilling on the Saoura concession in Niger has identified a promising gold prospect, reports Iamgold (IMG-T).Of the 33 reverse-circulation holes drilled on the Libiri prospect, 18 r…


Int’l Tournigan hits solid gold grades in Ghana

A 22-hole drill program at the Riyadh concession in southwestern Ghana has confirmed gold mineralization in a vein structure 2.6 km long.International Tournigan (ITG-V) is spending $2.5 million to exp…


IAMGOLD, Ashanti launch US$38M program

Reverse-circulation drilling has intersected mineralization on three of 10 West African concessions owned by partners IAMGOLD (IMG-T) and Ashanti Goldfields (AGC-T).The results represent the first pha…





Birim expands in West Sahara

Birim Goldfields (BIRM-C) has added a past-producing gold mine to its assets in Ghana.The company bought a 50% participating interest in the Akrokeri mine, which is adjacent to, and on strike with, th…


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