The challenge
Asanko needed to develop operation-crucial infrastructure to sustain the growth of its large-scale, multi-pit gold mine in Ghana.
The RMB solution
The RMB Resource Finance team in South Africa worked closely with their counterparts in Ghana to structure a three-year revolving credit facility of $30-million for Asanko.
RMB’s Resource Finance team also collaborated with the risk management division to provide advice and a comprehensive offering that not only met Asanko’s immediate financial needs, but which will provide continued support for years to come.
Proven results
The $30-million revolving credit facility is extended the life of the Asanko Gold Mine and enabled the company to realise its goal of continuing as a mid-tier gold mining company in Ghana.