Golden Star Resources Ltd
Encyclopedia
Golden Star Resources Ltd ' onMouseout='HidePop("15640")' href="/topics/Ghana_Stock_Exchange">GSE
: GSR), is a mid-tier canadian gold mining
company
, whose principal operating properties are located in Ghana, West Africa. It has a total historical production of over two million ounces of gold.
On September 1, 2011 it announced the reopening of the Pampe Pit with proven reserves of 191,000 ounces of gold. The estimated value of Pampe reserves would equate to 360 Million, which could push the effective value of Golden Star to 1 billion in market capitalization, assuming the price of gold reaches 1,900.
Ghana Stock Exchange
The Ghana Stock Exchange is the principal stock exchange of Ghana. The exchange was incorporated in July 1989 with trading commencing in 1990. It currently has around 30 listed companies and 2 corporate bonds. All types of securities can be listed. Criteria for listing include capital adequacy,...
: GSR), is a mid-tier canadian gold mining
Gold mining
Gold mining is the removal of gold from the ground. There are several techniques and processes by which gold may be extracted from the earth.-History:...
company
Company
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...
, whose principal operating properties are located in Ghana, West Africa. It has a total historical production of over two million ounces of gold.
On September 1, 2011 it announced the reopening of the Pampe Pit with proven reserves of 191,000 ounces of gold. The estimated value of Pampe reserves would equate to 360 Million, which could push the effective value of Golden Star to 1 billion in market capitalization, assuming the price of gold reaches 1,900.
West Africa
- The company operates two mines in GhanaGhanaGhana , officially the Republic of Ghana, is a country located in West Africa. It is bordered by Côte d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Gulf of Guinea to the south...
; in Bogoso an Wassa with an annual production of both mines of over 100.000 ounces of gold a year. - In Sierra LeoneSierra LeoneSierra Leone , officially the Republic of Sierra Leone, is a country in West Africa. It is bordered by Guinea to the north and east, Liberia to the southeast, and the Atlantic Ocean to the west and southwest. Sierra Leone covers a total area of and has an estimated population between 5.4 and 6.4...
, - In Côte d’Ivoire,
- In Burkina FasoBurkina FasoBurkina Faso – also known by its short-form name Burkina – is a landlocked country in west Africa. It is surrounded by six countries: Mali to the north, Niger to the east, Benin to the southeast, Togo and Ghana to the south, and Côte d'Ivoire to the southwest.Its size is with an estimated...
, - In NigerNigerNiger , officially named the Republic of Niger, is a landlocked country in Western Africa, named after the Niger River. It borders Nigeria and Benin to the south, Burkina Faso and Mali to the west, Algeria and Libya to the north and Chad to the east...
South America
- In SurinameSurinameSuriname , officially the Republic of Suriname , is a country in northern South America. It borders French Guiana to the east, Guyana to the west, Brazil to the south, and on the north by the Atlantic Ocean. Suriname was a former colony of the British and of the Dutch, and was previously known as...
there is a projects in SaramaccaSaramaccaSaramacca may refer to:* Saramacca District* Saramaccan language* Saramacca River* The Saramaka or Saramacca peoples...
, a joint venture with Newmont Overseas Exploration Limited 100 km south of ParamariboParamariboParamaribo is the capital and largest city of Suriname, located on banks of the Suriname River in the Paramaribo District. Paramaribo has a population of roughly 250,000 people, more than half of Suriname's population...
, next to the Gross Rosebel project from IAMGOLDIAMGOLDIamgold Corporation is a Toronto based international gold producer. The company is engaged in the exploration, development, and production of mineral resource properties throughout the world.-Operations:...
and the Benzdorp Gold Project at the eastern border of Suriname. - In western French GuianaFrench GuianaFrench Guiana is an overseas region of France, consisting of a single overseas department located on the northern Atlantic coast of South America. It has borders with two nations, Brazil to the east and south, and Suriname to the west...
Bon Espoir property, located north of Paul IsnardPaul IsnardPaul Isnard is a town in French Guiana, it is part of the municipality of Saint-Laurent-du-Maroni.-Mining concession:In Paul Isnard it is a mining concession ....
. - BrazilBrazilBrazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
Stock exchanges
Golden Star Resources Ltd shares are traded on stock exchanges of- the Toronto Stock ExchangeToronto Stock ExchangeToronto Stock Exchange is the largest stock exchange in Canada, the third largest in North America and the seventh largest in the world by market capitalisation. Based in Canada's largest city, Toronto, it is owned by and operated as a subsidiary of the TMX Group for the trading of senior equities...
(TSX) under the symbol “GSC”, - the American Stock ExchangeAmerican Stock ExchangeNYSE Amex Equities, formerly known as the American Stock Exchange is an American stock exchange situated in New York. AMEX was a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. On January 17, 2008, NYSE Euronext announced it would acquire the...
(AMEX) under the symbol “GSS”, - the Ghana Stock ExchangeGhana Stock ExchangeThe Ghana Stock Exchange is the principal stock exchange of Ghana. The exchange was incorporated in July 1989 with trading commencing in 1990. It currently has around 30 listed companies and 2 corporate bonds. All types of securities can be listed. Criteria for listing include capital adequacy,...
under the symbol “GSR”.