Brief: Afrika Gold: Update On Sale Of Lancaster Mine And Alternative Concept
Feb 22 (Reuters) - Afrika Gold AG GOG1.H :
* IN THE EVENT THAT THE PURCHASE PRICE FOR LANCASTER MINE
WAS NOT
OR NOT FULLY PAID, AN ALTERNATIVE CONCEPT WAS ALSO DEVELOPED
* CONCEPT PROVIDES FOR A JOINT VENTURE WITH A SOUTH AFRICAN
PARTNER, WHO WOULD TAKE OVER THE OPERATIONAL OPERATION OF THE
MINE FOR A CORRESPONDING REVENUE SHARE
Source text for Eikon: ID:nEQ85xVN1a
Further company coverage: GOG1.H
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
Recent news on Afrika Gold AG
See all newsNewscasts - Ghana gold output could rise to 5.1 million ounces in 2025
Newscasts - Ghana opens first gold refinery after centuries of mining
Ghana returns to gold top spot as output jumps 32%
Ghana's 2021 gold output falls to 13-year low, loses spot as Africa's top producer (updated)
Gold miner Newmont to advance Ahafo North Project in Ghana