Keegan Resources (KGN -2.5%) and PMI Gold (PMVGF.PK) agree to merge, forming a new West African...

|By:, SA News Editor

Keegan Resources (KGN -2.5%) and PMI Gold (PMVGF.PK) agree to merge, forming a new West African gold development company that will operate as Asanko Gold. The new entity expects a boost in near-term production from a unitized project comprised of nearby Obotan and Esaase gold deposits.