Asante Gold enters exclusivity agreement with Kinross on Ghana mining assets

VANCOUVER — Asante Gold Corp. says it has entered into an exclusivity agreement with Kinross Gold Corp. to negotiate the potential purchase of all the Canadian mining company’s interests in Ghana.

The Vancouver-based company says the negotiations would include Toronto-based Kinross’s interest in the Chirano gold mine.

Kinross owns a 90 per cent stake in the mine, while the government of Ghana holds a 10 per cent interest.

The Chirano mine is an open-pit and underground mining operation.