Prestea

The Mauritius Commercial Bank (MCB) Ltd aims to help Africa transition towards low-carbon

Retrieved on: 
Saturday, October 22, 2022
Ministry of Petroleum (Iran), Shell Nigeria, Natural-gas processing, Flood, MCB Group, LPG, Efficiency, Instability, Electricity, Coal, Natural gas, Seplat Petroleum Development Company, Gran Sasso d'Italia, Power, Drought, Climate, Carbon, Poverty, SPV, Nigerian National Petroleum Corporation, HFO, Mauritius Commercial Bank, Goal, AGPC, China National Petroleum Corporation, Face, Food, Climate change, Ministry, Equator Principles, CO2, Renewable energy, Sekondi-Takoradi, LNG, Prestea, MCB, Petroleum

These projects are crucial milestones in the electrification goals of these respective countries and in their transition from fossil energy to more renewable, low-carbon energy sources.

Key Points: 
  • These projects are crucial milestones in the electrification goals of these respective countries and in their transition from fossil energy to more renewable, low-carbon energy sources.
  • Prior to joining those three projects, MCB applied the Equator Principles to proactively identify and mitigate environmental and social risks.
  • Moreover, the gas conditioning plant will produce cleaner fuels and establish Ghana as a significant producer and exporter of LNGs.
  • This demonstrates the potential of natural gas to act as a transition fuel that can help Africa achieve its development agenda.

The Mauritius Commercial Bank (MCB) Ltd Aims to Help Africa Transition Towards Low-carbon

Retrieved on: 
Monday, October 17, 2022
Professional Services, Environment, Alternative Energy, Green Technology, Energy, Finance, Banking, Ministry of Petroleum (Iran), Shell Nigeria, Natural-gas processing, Flood, MCB Group, LPG, Efficiency, Instability, Electricity, Coal, Natural gas, Seplat Petroleum Development Company, Gran Sasso d'Italia, Power, Drought, Climate, Carbon, Poverty, SPV, Nigerian National Petroleum Corporation, Commercial bank, HFO, Mauritius Commercial Bank, Goal, AGPC, China National Petroleum Corporation, Face, Food, Climate change, Ministry, Equator Principles, CO2, Renewable energy, Sekondi-Takoradi, LNG, Prestea, MCB, Petroleum

These projects are crucial milestones in the electrification goals of these respective countries and in their transition from fossil energy to more renewable, low-carbon energy sources.

Key Points: 
  • These projects are crucial milestones in the electrification goals of these respective countries and in their transition from fossil energy to more renewable, low-carbon energy sources.
  • Prior to joining those three projects, MCB applied the Equator Principles to proactively identify and mitigate environmental and social risks.
  • Moreover, the gas conditioning plant will produce cleaner fuels and establish Ghana as a significant producer and exporter of LNGs.
  • This demonstrates the potential of natural gas to act as a transition fuel that can help Africa achieve its development agenda.

Gold Holding Steady as Global Gold Mining Market Is Projected To Rise At A Considerable Rate Through 2027

Retrieved on: 
Thursday, October 7, 2021
EBP, Gold mining, JSE, JSE Limited, Eastern Time Zone, US, FNM, Gold, Adoption, News, Prestea, NEWS, LOM, Annual report, Securities Act of 1933, NYSE, Iamgold, Company, Mining, GSC, IAG, Golden Star, Form 10-K, Vein, CAGR, COVID-19, GSS, Growth, ANY, Gold Fields, U.S. Securities and Exchange Commission, TSX, Hand, Ministry of Oil and Mineral Reserves (Syria), Measurement, New, USD, Irish Centre for High-End Computing, GFI, Strike, Securities Exchange Act of 1934, NEVER, Acquisition, PALM, Saudi Research and Marketing Group, Golden Star Resources, Private Securities Litigation Reform Act, Forward-looking statement, Central, Mineral, NOT, NSR, OTCQX, FGR, Security (finance), Resource management, Animal, Petroleum, Renewable energy, Uranium, Lithium

The report continued: "The Global Gold Mining market is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2027.

Key Points: 
  • The report continued: "The Global Gold Mining market is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2027.
  • In 2020, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market.
  • However, the cost of mining is extremely high, which hinders the growth of the market.
  • Market Growth Reports added: "The global Gold Mining market is valued at USD million in 2019.

Gold Holding Steady as Global Gold Mining Market Is Projected To Rise At A Considerable Rate Through 2027

Retrieved on: 
Thursday, October 7, 2021
EBP, Gold mining, JSE, JSE Limited, Eastern Time Zone, US, FNM, Gold, Adoption, News, Prestea, NEWS, LOM, Annual report, Securities Act of 1933, NYSE, Iamgold, Company, Mining, GSC, IAG, Golden Star, Form 10-K, Vein, CAGR, COVID-19, GSS, Growth, ANY, Gold Fields, U.S. Securities and Exchange Commission, TSX, Hand, Ministry of Oil and Mineral Reserves (Syria), Measurement, New, USD, Irish Centre for High-End Computing, GFI, Strike, Securities Exchange Act of 1934, NEVER, Acquisition, PALM, Saudi Research and Marketing Group, Golden Star Resources, Private Securities Litigation Reform Act, Forward-looking statement, Central, Mineral, NOT, NSR, OTCQX, FGR, Security (finance), Resource management, Animal, Petroleum, Renewable energy, Uranium, Lithium

The report continued: "The Global Gold Mining market is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2027.

Key Points: 
  • The report continued: "The Global Gold Mining market is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2027.
  • In 2020, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market.
  • However, the cost of mining is extremely high, which hinders the growth of the market.
  • Market Growth Reports added: "The global Gold Mining market is valued at USD million in 2019.

Royal Gold Announces Separation of the Wassa and Prestea/Bogoso Stream Agreement, and New Stream Agreement with Future Global Resources Limited

Retrieved on: 
Thursday, October 1, 2020
Mining, Minerals, Natural Resources, Companies, Golden Star Resources, Royal Gold, Prestea, Mining, Bogoso, Stock exchanges

Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, Royal Gold or the Company, we or our) announced today that it has completed the separation of the Wassa and Prestea/Bogoso stream agreement into separate stream agreements with Golden Star Resources Limited (Golden Star) for the Wassa mine (Wassa Stream Agreement), and with Future Global Resources Limited (FGR) for the Prestea/Bogoso mines (Prestea/Bogoso Stream Agreement), effective September 30, 2020.

Key Points: 
  • Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, Royal Gold or the Company, we or our) announced today that it has completed the separation of the Wassa and Prestea/Bogoso stream agreement into separate stream agreements with Golden Star Resources Limited (Golden Star) for the Wassa mine (Wassa Stream Agreement), and with Future Global Resources Limited (FGR) for the Prestea/Bogoso mines (Prestea/Bogoso Stream Agreement), effective September 30, 2020.
  • From May 6, 2015 through June 30, 2020, approximately 110,500 ounces of payable gold were delivered to Royal Gold from the Wassa and Prestea/Bogoso mines according to the terms of the Original Stream Agreement.
  • In summary, the Wassa Stream Agreement gold stream rates and cash purchase prices remain consistent with the Original Stream Agreement, and the gold delivery threshold of 240,000 ounces will apply to the Wassa mine.
  • The material terms of the Wassa Stream Agreement, including security and the rights and obligations of both Royal Gold and Golden Star, remain consistent with those in the Original Stream Agreement as they relate to the Wassa mine.

Golden Star Reports on Second Quarter 2020 Results and Conference Call

Retrieved on: 
Friday, July 3, 2020
Golden Star Resources, Companies, Western Region, Prestea, Wassa, GSC, Ounce, Units of measurement

TORONTO, July 3, 2020 /PRNewswire/ -Golden Star Resources Ltd. (NYSE American: GSS)(TSX: GSC)(GSE:GSR)("GoldenStar" or the "Company") is scheduled to release its second quarter 2020 financial results after market close on Tuesday July 28, 2020, and will conduct a conference call and webcast to discuss these results on Wednesday, July 29, 2020 at 10.00 am ET.

Key Points: 
  • TORONTO, July 3, 2020 /PRNewswire/ -Golden Star Resources Ltd. (NYSE American: GSS)(TSX: GSC)(GSE:GSR)("GoldenStar" or the "Company") is scheduled to release its second quarter 2020 financial results after market close on Tuesday July 28, 2020, and will conduct a conference call and webcast to discuss these results on Wednesday, July 29, 2020 at 10.00 am ET.
  • Golden Star is an established gold mining company that owns and operates the Wassa and Prestea underground mines in Ghana, West Africa.
  • Gold production guidance for 2020 is 195,000-210,000 ounces at a cash operating cost per ounce (see Non-GAAP Financial Measures disclaimer below) of US$790-US$850.
  • Since winning the PDAC 2018 Environmental and Social Responsibility Award, Golden Star has remained committed to leaving a positive and sustainable legacy in its areas of operation.

Shareholder Alert: Robbins LLP Announces It Is Investigating Golden Star Resources Ltd. (GSS) for Misleading Shareholders

Retrieved on: 
Thursday, May 28, 2020
Legal, Professional services, Companies, Golden Star Resources, Articles, Business, Corporate law, Business law, Fiduciary, Prestea, Board of directors, New York Stock Exchange, Geotechnical engineering, Companies, Golden Star Resources, Articles, Business, Corporate law, Business law, Fiduciary, Prestea, Board of directors, New York Stock Exchange, Geotechnical engineering

Shareholder rights law firm Robbins LLP announces that it is investigating Golden Star Resources Ltd. (NYSE: GSS) for alleged violations of the Securities Exchange Act of 1934 and whether the Company's officers and directors breached their fiduciary duties to shareholders.

Key Points: 
  • Shareholder rights law firm Robbins LLP announces that it is investigating Golden Star Resources Ltd. (NYSE: GSS) for alleged violations of the Securities Exchange Act of 1934 and whether the Company's officers and directors breached their fiduciary duties to shareholders.
  • Golden Star is a mid-tier gold mining company with operating mines in Ghana.
  • In February 2019, Golden Star claimed it was seeing "tremendous improvement" in operational metrics and performance of the Prestea mine and that "blasting" issues had been rectified.
  • Golden Star cited a laundry list of issues for its poor financial performance, including the use of insufficient geological and geotechnical data and poor drilling strategies and techniques.

Golden Star Provides Update On The Impact Of The COVID-19 Pandemic

Retrieved on: 
Thursday, May 14, 2020
Western Region, Golden Star Resources, Prestea, Wassa, Companies, Africa, New York Stock Exchange, GHANA

We continue to proactively implement COVID-19 prevention and management controls across the business whilst providing available leadership, education and support to our host communities.

Key Points: 
  • We continue to proactively implement COVID-19 prevention and management controls across the business whilst providing available leadership, education and support to our host communities.
  • To date, we have not witnessed any material impact on production relating to the COVID-19 pandemic.
  • Golden Star is an established gold mining company that owns and operates the Wassa and Prestea underground mines in 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 its two underground mines.

Shareholder Alert: Robbins LLP Reminds Investors Golden Star Resources Ltd. (GSS) Sued for Misleading Shareholders

Retrieved on: 
Thursday, May 7, 2020
Legal, Professional services, Golden Star Resources, Companies, Prestea, Wassa

Shareholder rights law firm Robbins LLP reminds investors that a purchaser of Golden Star Resources Ltd. (NYSE: GSS) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between February 20, 2019 and July 30, 2019.

Key Points: 
  • Shareholder rights law firm Robbins LLP reminds investors that a purchaser of Golden Star Resources Ltd. (NYSE: GSS) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between February 20, 2019 and July 30, 2019.
  • Golden Star is a mid-tier gold mining company with operating mines in Ghana.
  • Golden Star's revenue is generated through its two underground mines called Wassa and Prestea.
  • Contrary to Golden Star's representations, on July 31, 2019, Golden Star released disappointing second quarter financial results, disclosing a cut to the Company's production guidance and an increase in its cash operating cost estimates.

Shareholder Alert: Robbins LLP Announces Golden Star Resources Ltd. (GSS) Sued for Misleading Shareholders

Retrieved on: 
Wednesday, April 15, 2020
Legal, Professional services, Golden Star Resources, Companies, Prestea, Wassa, New York Stock Exchange, Stock exchanges

Shareholder rights law firm Robbins LLP announces that a purchaser of Golden Star Resources Ltd. (NYSE: GSS) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between February 20, 2019 and July 30, 2019.

Key Points: 
  • Shareholder rights law firm Robbins LLP announces that a purchaser of Golden Star Resources Ltd. (NYSE: GSS) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between February 20, 2019 and July 30, 2019.
  • Golden Star is a mid-tier gold mining company with operating mines in Ghana.
  • Golden Star's revenue is generated through its two underground mines called Wassa and Prestea.
  • Contrary to Golden Star's representations, on July 31, 2019, Golden Star released disappointing second quarter financial results, disclosing a cut to the Company's production guidance and an increase in its cash operating cost estimates.