Chirano Gold Mine is an
underground
Underground most commonly refers to:
* Subterranea (geography), the regions beneath the surface of the Earth
Underground may also refer to:
Places
* The Underground (Boston), a music club in the Allston neighborhood of Boston
* The Underground (S ...
and
open pit gold mine
Mine, mines, miners or mining may refer to:
Extraction or digging
* Miner, a person engaged in mining or digging
*Mining, extraction of mineral resources from the ground through a mine
Grammar
*Mine, a first-person English possessive pronoun
...
in the
Western Region of
Ghana, within the
Bibiani
Bibiani is a town and capital of the Bibiani/Anhwiaso/Bekwai Municipal Assembly, a Municipality within the Western North Region of Ghana
Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It ab ...
gold belt. It is 90% owned by
Toronto-based
Kinross Gold Corporation Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" o ...
. The
Government of Ghana
The Government of Ghana was created as a parliamentary democracy, followed by alternating military and civilian governments in Ghana. In January 1993, military government gave way to the Fourth Republic after presidential and parliamentary electi ...
has a 10%
carried interest.
Description
The Chirano Gold Mine is located in southwestern Ghana, approximately 100 kilometres southwest of
Kumasi, Ghana's second largest city.
Chirano was explored and developed from 1996 by
Red Back Mining
Red Back Mining Inc. is an unhedged Vancouver based mineral resource company. Its focus is West Africa where it operates the Chirano Gold Project in Ghana and the Tasiast Gold Mine in Mauritania.
It has one division, Red Back Mining NL, based in ...
NL, an Australian company that moved to a Canadian
listing in April 2004. Chirano began production in October 2005.
Kinross Gold Kinross Gold Corporation is a Canadian-based gold mining, gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining ...
acquired the mine on 17 September 2010 through a US$7.1 billion takeover of Red Back Mining, through which it also acquired the
Tasiast Gold Mine
The Tasiast gold mine is an open-pit gold mine in Mauritania, owned and operated by Kinross Gold. The mine is located north of the capital of Nouakchott in a wadi
Wadi ( ar, وَادِي, wādī), alternatively ''wād'' ( ar, وَاد), ...
in
Mauritania
Mauritania (; ar, موريتانيا, ', french: Mauritanie; Berber: ''Agawej'' or ''Cengit''; Pulaar: ''Moritani''; Wolof: ''Gànnaar''; Soninke:), officially the Islamic Republic of Mauritania ( ar, الجمهورية الإسلامية ...
. The mine comprises the Akwaaba, Suraw, Akoti South, Akoti North, Akoti Extended, Paboase, Tano, Obra South, Obra, Sariehu and Mamnao open pits and the Akwaaba and Paboase underground mines.
[
At 31 December 2012, Chirano's Proven and Probable Reserves were 20.271 million tonnes at 2.65 g/t gold for 1.722 million ounces, with an additional 0.44 million ounces of Measured and Indicated Resource.][
2012 gold equivalent production was 263,911 ounces at a cost of sale of US$721/oz. 2012 recoveries averaged 93%.][
]
See also
* Geology of Ghana
* Birimian
References
{{Kinross Gold
Gold mines in Ghana
Kinross Gold
Surface mines in Ghana
Underground mines in Ghana
Western Region (Ghana)