Asante Gold expects its Bibiani Mine to produce more gold in the coming years.

Source: newsthemegh.com/Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Gold mining firm, Asante Gold, is forecasting a 254% increase in gold production from its Bibiani Mine.

Per a technical report by the company, gold production from the mine is expected to rise to 271koz in 2026 (254% increase over 2024 gold production) enabled by investments anticipated to be made in 2024 and 2025 in the main pit expansion and a sulphide treatment plant to increase gold recovery to 92%.

According to the company, there will be significant unit cost reduction by 2026 reflecting reduced stripping requirements, increased scale, and increased gold recovery.