Golden Star Resources Limited, a private gold production company, has paid US$3.13million to government as royalties for the third quarter of this year out of productions from its Bogoso/Prestea and Wassa mines.
This was made known by the Vice-President (operations) of GSR, Mr. Dan Owiredu, during an interaction with the media.
The third quarter’s payments were made up of US$1.6million from the company’s Wassa Mine and US$1.6 million from the Bogoso/Prestea Mine.
Total royalty payments from the Wassa and Bogoso/Prestea amounted to about US$8million for the three quarters of this year; US$4.47 million from Wassa, and US$4 million from Bogoso/Prestea.
Commenting on these payments, Mr. Owiredu, said it was by daint of hard-work, skill and commitment of Golden Star’s dedicated employees, the support of the local communities and support of the Government of Ghana. The recent increase in gold prices has also been a factor.
“As the second mining company listed on the Ghana Stock Exchange, we are delighted to be able to share the fruits of our endeavours, firstly with the Ghana government and then inhabitants of our communities as key partners, and our creditors and shareholders both here in Ghana and abroad,” he added.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment