Ghana (Gold) – In February of 2021, Emiral formed a local wholly owned subsidiary — Emiral Resources Ghana Ltd.

Emiral took an active interest in Ghana, the country primarily known for its gold reserves.

Today, Emiral continuously performs initial exploration on over 170 divided into 3 prospecting blocks.

Furthermore, the company has acquired 19.7% shares in the Asante Gold company, with Emiral’s CEO, Mr. Alexander Smirnov, joining Asante’s board. The $44 million investment into Asante Gold is part of an institutional placement and share purchase plan for their acquisition of Resolute’s Bibiani Gold Mine.


  • Asante Gold is a $0,5 bln market cap company
  • Emiral’s investments in the company totals $45 mln
  • Bibiani & Chirano mines:
    • residual resources – 5,2 Moz (162 t) of gold
    • 400-450 koz (12,5-14 t) of gold production annually
    • ongoing Bibiani underground & satellite pits, Chirano open pit and underground mine development and updated resources
  • extensive regional exploration and expansion potential, including near mine exploration program to expand mines life from ~8 years to 10+ years