Toronto-listed Asanko Gold has reported a net loss of $147.5-million in the third quarter of 2019, after recognising an impairment charge of $128.3-million on its equity investment in its joint venture (JV) mine with South African-headquartered Gold Fields in Ghana.
The impairment was the result of ongoing work associated with the life-of-mine (LoM) plan for the Asanko Gold Mine (AGM).