SANDYS MINES LTD
We Serve You With Quality Golds
Welcome
Asandy Mines is an established West African gold mining company. We have two producing mines in Ghana and we are transforming into a high grade, low cost, non-refractory gold producer.
Asandy Mines has a 17 year history of producing gold in Ghana.
Asandy Mines has a 17 year history of producing gold in Ghana.
We have two producing mines, Wassa and Prestea, in the south-west of the country, and in 2017 we are on track to produce 255-280,000 ounces of gold at a cash operating cost of $780-860/oz.
Asandy Mines is an established West African gold mining company. We have two producing mines in Ghana and we are transforming into a high grade, low cost, non-refractory gold producer.
Asandy Mines has a 17 year history of producing gold in Ghana. We have two producing mines, Wassa and Prestea, in the south-west of the country, and in 2017 we are on track to produce 255-280,000 ounces of gold at a cash operating cost of $780-860/oz.
Ghana is a stable jurisdiction with a century-long history of mining and good existing infrastructure.
Between 2016 and 2019 Asandy Mines production is expected to increase by 60% and its cash operating costs are expected to decrease by 29%.
The key drivers for these changes are Asandy Mine's two high grade development projects, Wassa Underground and Prestea Underground. Wassa Underground achieved commercial production in January 2017 and Prestea Underground is expected to follow it into commercial production in Q3 2017.
Asandy mines has significant potential for share price growth as despite our strong performance since the start of 2016, we remain undervalued compared to our peer group on a number of metrics. We intend to continue to increase our share price by developing a reputation for delivery.
Asandy Mines is an established West African gold mining company. We have two producing mines in Ghana and we are transforming into a high grade, low cost, non-refractory gold producer.
Asandy Mines has a 17 year history of producing gold in Ghana. We have two producing mines, Wassa and Prestea, in the south-west of the country, and in 2017 we are on track to produce 255-280,000 ounces of gold at a cash operating cost of $780-860/oz.
Ghana is a stable jurisdiction with a century-long history of mining and good existing infrastructure.
Between 2016 and 2019 Asandy Mines production is expected to increase by 60% and its cash operating costs are expected to decrease by 29%.
The key drivers for these changes are Asandy Mine's two high grade development projects, Wassa Underground and Prestea Underground. Wassa Underground achieved commercial production in January 2017 and Prestea Underground is expected to follow it into commercial production in Q3 2017.
Asandy mines has significant potential for share price growth as despite our strong performance since the start of 2016, we remain undervalued compared to our peer group on a number of metrics. We intend to continue to increase our share price by developing a reputation for delivery.
The Annual General and Special Meeting of the Shareholders of Asandy Mines was held on Thursday, May 4th 2017 at 11:30am EST at the offices of Accra City Hotel
On behalf of the Board of Directors, it is my pleasure to invite you to attend Golden Star’s Annual and
Special Meeting of Shareholders to be held on Thursday, May 4, 2017 at 11:30 a.m., Accra, boardrooms at the offices of Accra City Hotel Asandy Mine’s Board of Directors and Executive Team look forward to
meeting you as we present Asandy Mine’s 2016 financial results, discuss the initiatives that are underway
at Asandy Mines and outline our plans for the future. We hope you can join us.
Please review this management information circular before exercising your vote, as it contains
significant information relating to the business of the meeting.
It is important that you exercise your
vote in person or by submitting your proxy or voting instruction form. Your participation as a
shareholder is very valuable to us. If you cannot attend the meeting in person, you may view a live
webcast of the meeting at Asandy Mine’s website: The recorded version of the meeting
will be available at Asandy Mine’s website until the next Annual Meeting of Shareholders.
On behalf of the Board and management, thank you for your continued loyalty to Asandy Mines.
The Annual General and Special Meeting of the Shareholders of Asandy Mines was held on Thursday, May 4th 2017 at 11:30am EST at the offices of Accra City Hotel
On behalf of the Board of Directors, it is my pleasure to invite you to attend Golden Star’s Annual and
Special Meeting of Shareholders to be held on Thursday, May 4, 2017 at 11:30 a.m., Accra, boardrooms at the offices of Accra City Hotel Asandy Mine’s Board of Directors and Executive Team look forward to
meeting you as we present Asandy Mine’s 2016 financial results, discuss the initiatives that are underway
at Asandy Mines and outline our plans for the future. We hope you can join us.
Please review this management information circular before exercising your vote, as it contains
significant information relating to the business of the meeting.
It is important that you exercise your
vote in person or by submitting your proxy or voting instruction form. Your participation as a
shareholder is very valuable to us. If you cannot attend the meeting in person, you may view a live
webcast of the meeting at Asandy Mine’s website: The recorded version of the meeting
will be available at Asandy Mine’s website until the next Annual Meeting of Shareholders.
On behalf of the Board and management, thank you for your continued loyalty to Asandy Mines.