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Resolute sells Bibiani to Canadian-Ghanaian company

RESOLUTE Mining has sold its Bibiani gold asset in Ghana for US$90 million to a Canada-based company, with $30 million received and completion of the deal expected in the next 10 days.

Michael Quinn
Bibiani has been on care and maintenance for years

Bibiani has been on care and maintenance for years

The buyer is Asante Gold Corp, listed on the Canadian Securities Exchange and currently capitalised at about C$55 million. Asante's board and management include former execs with PMI and Cardinal, with...

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