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United States

Asanko Gold Inc (AKG.A)

AKG.A on American Stock Exchange

3.04USD
23 Feb 2017
Change (% chg)

$-0.05 (-1.62%)
Prev Close
$3.09
Open
$3.17
Day's High
$3.18
Day's Low
$3.03
Volume
402,153
Avg. Vol
114,142
52-wk High
$4.67
52-wk Low
$1.90

Latest Key Developments (Source: Significant Developments)

Asanko Gold says received permit for first phase of mine expansion
Monday, 6 Feb 2017 07:00am EST 

Asanko Gold Inc : Asanko Gold mine expansion update . Permitting process for first phase of expansion has now been completed . Asanko Gold Inc says expects to publish results of expansion definitive feasibility study in q1 2017 . Asanko Gold -front end engineering and design has commenced and is on track for completion in q2 2017 . Asanko Gold Inc - Asanko Gold Mine expansion projects will boost production to over 450,000 ounces a year by 2020 .Asanko Gold Inc says construction of conveyor is expected to begin in Q2 2017 and be completed in q4 2018.  Full Article

Asanko Gold says qtrly gold production of 57,178 ounces and sales of 58,483 ounces
Wednesday, 11 Jan 2017 07:00am EST 

Asanko Gold Inc :Qtrly gold production of 57,178 ounces and gold sales of 58,483 ounces against production guidance of 52,000 - 57,000oz.  Full Article

Asanko Gold targeting production of 230,000-240,000 ounces for 2017
Thursday, 17 Nov 2016 04:45pm EST 

Asanko Gold Inc : Asanko Gold Inc - is targeting production of 230,000 - 240,000 ounces for 2017 . Asanko Gold Inc - sees 2017 all-in sustaining costs of US$810 - US$840 per ounce .Asanko Gold Inc - targeting production of 230,000 - 240,000 ounces and all-in sustaining costs of us$810 - US$840 per ounce in 2017.  Full Article

Asanko Gold reports Q3 2016 results
Monday, 7 Nov 2016 07:00am EST 

Asanko Gold Inc :Asanko Gold reports Q3 2016 results.  Full Article

Asanko Gold Q3 earnings $0.06/shr
Monday, 7 Nov 2016 07:00am EST 

Asanko Gold Inc : Asanko Gold reports Q3 2016 results . Qtrly earnings per share $0.06 . Says quarterly gold production increased from Q2 by 49 percent to 53,986 ounces .Says reiterates its increased production guidance of 52,000 - 57,000 ounces for Q4 2016.  Full Article

Asanko Gold produces 53,986 ounces gold in Q3
Thursday, 13 Oct 2016 07:18am EDT 

Asanko Gold Inc : Q3 gold production at 53,986 ounces and gold sales of 54,393 ounces for US$71.3m in gold revenue . Gold production for Q4 forecast to be 52,000 to 57,000 ounces .Expects to produce between 106,000 and 111,000 oz for H2 2016.  Full Article

Asanko Gold Q2 adjusted net loss per share $0.06
Monday, 15 Aug 2016 07:00am EDT 

Asanko Gold Inc : Asanko Gold reports Q2 2016 results . Qtrly adjusted net loss per share $0.06 . Qtrly revenue $43.3 million . Asanko Gold Inc says guidance Of 90,000 to 100,000 ounces of gold production for second half of 2016 re-iterated . Qtrly gold production 36,337 ounces .Q2 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.  Full Article

Asanko Gold amends debt repayment schedule in preparation for Phase 2A investment decision
Thursday, 19 May 2016 07:00am EDT 

Asanko Gold Inc : Asanko gold amends debt repayment schedule in preparation for phase 2A investment decision . Terms agreed to amend repayment schedule on existing US$150 million debt facility . Principal repayments deferred by two years to july 1, 2018 . No other changes to existing debt facility terms or offtake agreement . Revised repayment profile frees up an additional US$70 million in cash flow over two years for planned growth projects . Phase 1 of Asanko gold mine is in production, expected to produce annual average of 190,000 ounces of gold/year over 12.5 year life-of-mine .First stage, phase 2A, of Asanko mine expansion sees capex of $100-$125 million to expand production to about 280,000 ounces of gold/year by Q4 2018.  Full Article

Asanko Gold enters into power purchase agreement for phase 1
Wednesday, 3 Jun 2015 07:00am EDT 

Asanko Gold Inc:Enters into life-of-mine power purchase agreement for phase 1.Signing of binding power purchase agreement with genser energy Ghana for supply of all power required for phase 1 of Asanko Gold mine.Under agreement genser will build and operate 19.2 megawatts liquid fuel power plant adjacent to agm site, supply 17mw of nominal power.Says permitting and construction of the 19.2mw plant will begin immediately, with power expected to be available in Q4 2015.  Full Article

More From Around the Web

BRIEF-Asanko Gold updates resource and reserve statement

* Asanko Gold Inc - "we are advancing with project 5m expansion, which will be funded from internal cash flows at current gold prices" Source text for Eikon: Further company coverage: