Kinross Mining (formerly Chirano Gold Mines)
Chirano Gold Mine is an underground and open pit gold mine in the Western Region of Ghana, within the Bibiani gold belt. It is 90% owned by Toronto-based Kinross Gold Corporation. The Government of Ghana has a 10% carried interest.
Chirano was explored and developed from 1996 by Red Back Mining NL, an Australian company that moved to a Canadian listing in April 2004. Chirano began production in October 2005. Kinross Gold acquired the mine on 17 September 2010 through a US$7.1 billion takeover of Red Back Mining, through which it also acquired the Tasiast Gold Mine in Mauritania. The mine comprises the Akwaaba, Suraw, Akoti South, Akoti North, Akoti Extended, Paboase, Tano, Obra South, Obra, Sariehu and Mamnao open pits and the Akwaaba and Paboase underground mines
The Chirano Gold Mine is located in southwestern Ghana, approximately 100 kilometres southwest of Kumasi, Ghana’s second largest city.