PRESTEA MINE

Golden Star Bogoso Prestea (GSBPL) plans to restart the Prestea gold mine, which has been under care and maintenance since 2002, in western Ghana. The gold mine is located approximately 15km south of the Bogoso mine and adjacent to the town of Prestea.

Producer of

Gold

Location

Ghana

Mine Type

Open-pit and underground

Reserves

1.69Mt (open-pit)

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The Prestea gold mine is located in the western region of Ghana. Image: courtesy of Profoss.

The Prestea mine has been placed under care and maintenance since 2002. Image: courtesy of Golden Star Resources Limited.

Ore from the Prestea mine will be processed at Bogoso’s processing plant at a rate of 500t/d. Image: courtesy of Golden Star Resources Limited.

3.

Golden Star Bogoso Prestea (GSBPL) plans to restart the Prestea gold mine, which has been under care and maintenance since 2002, in western Ghana. 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 approximately nine million ounce (Moz) of gold, making it the second biggest mine by production in Ghana.

The current focus is on the development of a new zone known as the West Reef within the underground mine, and other adjacent undeveloped surface deposits into open-pits.

An environmental permit for the open-pit development was granted by the Ghanaian environmental protection agency in June 2015 and production is expected to begin by the end of 2015.