Date
1/16/2020 9:55:56 AM
(MENAFN- Baystreet.ca) 09:43 AM EST - Asanko Gold Inc. : Announced results for the fourth quarter 2019 from the Asanko gold Mine (AGM), located in Ghana, West Africa. The AGM is a 50:50 joint venture with Gold Fields Ltd. which is managed and operated by Asanko. Q4 featured record proceeds of $96.8 million generated from gold sales of 66,095 ounces at an average realized price of $1,465 per ounce. Record gold production of 66,112 ounces. The company mined 1.41 million tonnes of ore, including 0.56Mt of ore from Esaase. It also processed record 1.46Mt of ore with an average gold grade of 1.5 grams per tonne. Asanko Gold Inc.
shares T.AKG are trading unchanged at $1.14.
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