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Golden Star Announces the Restructuring of the ...

1 · Golden Star is an established gold mining company that owns and operates the Wassa underground mine in the Western Region of Ghana, West Africa. Listed on the NYSE American, the Toronto Stock ...

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Golden Star Completes Sale of the Bogoso-Prestea Gold Mine ...

Oct 01, 2020· Golden Star has completed the sale of Bogoso-Prestea to FGR. The Bogoso-Prestea subsidiaries have now been transferred to FGR. The initial $5 million cash consideration due at closing has been ...

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Golden Star provides update on sale of Bogoso-Prestea mine ...

Jul 19, 2021· Mining. Golden Star provides update on sale of Bogoso-Prestea mine ... This relates to the sale of Golden Star's 90% interest in the Bogoso-Prestea Gold Mine to FGR under the share purchase ...

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Golden Star amends agreement for the sale of Bogoso ...

Mar 30, 2021· Mining firm Golden Star Resources has entered into agreement with Future Global Resources (FGR) to amend the share purchase agreement relating to the sale of its 90% interest in the Bogoso-Prestea Gold Mine to FGR. The staged payments that form the deferred consideration, as outlined in the Share Purchase Agreement, have now been reprofiled.

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Golden Star Announces the Restructuring of the ...

1 · Golden Star has agreed to adjust the timing of the staged payments in order to support the development of the refractory resource at Bogoso-Prestea Andrew Wray, Chief Executive Officer of Golden ...

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Sale of Bogoso Prestea Mine: Affected permanent staff to ...

Jul 15, 2021· Affected staff of Golden Star Resources (GSR) that operated Bogoso Prestea Mines in the Western region will receive three-stage severance packages. The payment plan of the severance will span ...

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Golden Star sells Bogoso-Prestea gold mine for US$95 million

Ghana Oil & Gas/Mining Golden Star sells Bogoso-Prestea gold mine for US$95 million Golden Star says the sale strengthens its balance sheet and allows the company to accelerate the growth and development of the large resource base at its Wassa mine. 638 2 minutes read.

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Golden Star Announces Amendment of Agreement for the Sale ...

Jun 01, 2021· Golden Star Announces Amendment of Agreement for the Sale of Bogoso-Prestea. TORONTO, June 1, 2021 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ("Golden ...

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Golden Star announces agreement for sale of Bogoso-Prestea ...

Jul 27, 2020· Global Mining Review, Monday, 27 July 2020 11:35. Advertisement. Golden Star Resources Ltd has recently announced that it has entered into a binding agreement for the sale of its 90% interest in the Bogoso-Prestea Gold Mine in Ghana to Future Global Resources Ltd (FGR) for a purchase price of up to US$95 million (the transaction).

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Golden Star Announces Amendment of Agreement for the Sale ...

Mar 29, 2021· TORONTO, March 29, 2021 /CNW/ - Golden Star Resources Ltd. ... 2020 relating to the sale of Golden Star's 90% interest in the Bogoso ... Golden Star is an established gold mining company that owns ...

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Golden Star Resources' grand plan to revert million ...

Golden Star Resources GSR is relinquishing the cost to revamp the Bogoso Prestea mine and the environmental rehabilitation liabilities of about $53M to a non-listed private 11-month old mining company which has not invested a single dollar in the mine and could liquidate at any little business stress without losing anything thereby reverting all cost liabilities to Government and …

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Golden Star Resources Ltd. - Bogoso and Prestea Mineral ...

Oct 02, 2001· for Golden Star with the assistance of a number of specialist. consultants under the supervision of Mr. S. Mitchel Wasel an employee. of Golden Star, who following the acquisition of the Bogoso gold mine. in 1999 was appointed Exploration Manager for Bogoso Gold Limited. Mr. Wasel is a qualified geologist with 13 years of experience in gold and

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Golden Star completes sale of Bogoso-Prestea gold mine

Oct 02, 2020· Golden Star has completed the sale of Bogoso-Prestea to FGR. The Bogoso-Prestea subsidiaries have now been transferred to FGR. The initial $5 million cash consideration due at closing has been deferred by up to six months to March 30, 2021 pending finalization of FGR's reclamation bonding process, as described below.

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Golden Star to sell stake in Bogoso-Prestea gold mine in Ghana

Jul 28, 2020· Golden Star Resources has signed a binding agreement to sell its Bogoso-Prestea gold mine in Ghana for a purchase price of up to $95m. Future Global Resources (FGR), London-based mining company, will acquire 90% stake in the gold mine for purchase price of $55m with a further contingent component of about $40m.

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Mining News

Jul 26, 2020· Golden Star is an established gold mining company that owns and operates the Wassa underground mine in the Western Region of Ghana, West Africa. Listed on the NYSE American, the Toronto Stock Exchange and the Ghanaian Stock Exchange, Golden Star is focused on delivering strong margins and free cash flow from the Wassa mine.

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Golden Star announces amendment of deal for sale of Bogoso ...

Jun 09, 2021· Golden Star Resources Limited has announced that on May 31, 2021, the company and its wholly-owned subsidiary, Caystar Holdings, entered into an agreement with Future Global Resources Limited and its major shareholder, Blue International Holdings Limited, to further amend the share purchase agreement dated July 26, 2020, relating to the sale of …

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Golden Star Provides Update Regarding the Sale of Bogoso ...

Jul 19, 2021· Company Profile: Golden Star is an established gold mining company that owns and operates the Wassa underground mine in the Western Region of Ghana, West Africa.Listed on the NYSE American, the ...

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GOLDEN STAR (BOGOSO /PRESTEA) LIMITED Company Profile ...

GOLDEN STAR (BOGOSO /PRESTEA) LIMITED is located in Accra, Ghana and is part of the Gold & Silver Mining Industry. GOLDEN STAR (BOGOSO /PRESTEA) LIMITED has 171 employees at this location and generates $89.94 million in sales (USD). D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like GOLDEN STAR ...

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Golden Star Resources amends agreement for the Sale of ...

Mar 31, 2021· Golden Star Resources and its wholly owned subsidiary, Caystar Holdings, have entered into an agreement (the Amending Agreement) with Future Global Resources Limited (FGR) and its major shareholder, Blue International Holdings Limited, to amend the share purchase agreement dated July 26, 2020 relating to the sale of Golden Star's 90% interest in …

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Golden Star Announces the Restructuring of the ...

Jul 26, 2020· TORONTO, Oct. 1, 2021 /CNW/ - Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ("Golden Star" or the "Company") is pleased to announce that it has concluded negotiations with Future Global Resources Limited ("FGR") to restructure the consideration for the purchase of the Bogoso-Prestea mine that was completed on …

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GOLD: Golden Star sells Bogoso-Prestea to Future Global ...

Jul 27, 2020· GHANA - Golden Star Resources has announced it will sell its 90% stake in the Bogoso-Prestea gold mine in southwestern Ghana to Future Global Resources for US$55 million and contingent payments of up to another US$40 million. The mine is about 40 km from Golden Star's Wassa gold mine and the sale will allow the company to accelerate the growth and …

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Golden Star Provides Update Regarding the Sale of Bogoso ...

Jul 19, 2021· Golden Star Provides Update Regarding the Sale of Bogoso-Prestea. TORONTO, July 19, 2021 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ("Golden Star" or the ...

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Prestea Gold Mine - Mining Technology | Mining News and ...

The gold mine is located approximately 15km south of the Bogoso mine and adjacent to the town of Prestea. GSBPL, a subsidiary of Golden Star Resources (GSR), holds 90 % interest in the gold mine and the government of Ghana holds the remaining interest. Mining at the deposit started in 1870s and continued until 2002, during which it produced ...

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Golden Star sells 90% stake in Bogoso-Prestea Gold Mine ...

Jul 27, 2020· Golden Star has entered into an agreement for the sale of its 90% interest in the Bogoso-Prestea Gold Mine to Future Global Resources Limited (FGR) for a purchase price of up to $95 million. Per ...

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Golden Star sells Bogoso-Prestea Gold Mine for US$95m

Jul 28, 2020· Golden Star Resources Ltd has said it has entered into an agreement with Future Global Resources for the sale of its 90 per cent interest in the Bogoso-Prestea Gold Mine. The agreement stipulates ...

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Prestea and Bogoso - Royal Gold

In May 2015, Royal Gold's wholly-owned subsidiary, RGLD Gold AG, acquired a gold stream from a wholly-owned subsidiary of Golden Star Resources Ltd. (Golden Star), which included production from Golden Star's Wassa, Prestea and Bogoso mines. Effective September 30, 2020, upon the sale of the Prestea and Bogoso mines by Golden Star to Future ...

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Golden Star Announces the Restructuring of the ...

1 · Golden Star Resources Ltd. is pleased to announce that it has concluded negotiations with Future Global Resources Limited to restructure the consideration for the purchase of the Bogoso-Prestea ...

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Understanding the Golden Star Bogoso Prestea Share ...

Nov 17, 2020· In July 2020, Golden Star Resources (GSR) announced the sale of its subsidiaries, Golden Star Bogoso Prestea Limited, to Future Global Resources (FGR) in a Share Purchase Agreement (SPA). Caystar Holdings owns 100 percent shares in Bogoso Holdings and Bogoso Holdings in turn owns 90 percent shares in Golden Star Bogoso Prestea Limited.

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Golden Star Completes Sale of the Bogoso-Prestea Gold Mine ...

Oct 01, 2020· October 1, 2020, 4:00 AM PDT. Golden Star Completes Sale of the Bogoso-Prestea Gold Mine to Future Global Resources Canada NewsWire TORONTO, Oct. 1, 2020 TORONTO, Oct. 1, 2020 /CNW/ - Golden Star ...

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Golden Star (Bogoso/Prestea) Limited - SIGA: State ...

Golden Star (Bogoso/Prestea) Limited. Prestea is in south-western Ghana, approximately 40km from the Wassa Gold Mine. Previously, production was being delivered from the Prestea Open Pits and the Prestea Underground Gold Mine. …

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Golden Star heading for courts as $30m sale of Ghana's ...

Jul 19, 2021· A ROW is brewing over the sale of the Bogoso-Prestea mine to start-up firm Future Global Resources (FGR) which has not paid a $15m installment on the Ghana asset.. Golden Star Resources sold Bogoso-Prestea mine to FGR so it could concentrate on the development of its Wassa mine, also in Ghana. Wassa is forecast to produce between …

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Golden Star Resources contemplates early closure of Bogoso

Jul 06, 2015· Ghana – Golden Star Resources, the Ghana-focused gold mining company, announced last week that it is contemplating the early closure of its Bogoso refractory operation following the failure of a ball mill motor at the processing operation. The ball mill motor at its Bogoso refractory plant failed last week as a result of frequent voltage fluctuations in the grid …

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