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PRINCIPAL SUBSIDIARIES (Tables)
12 Months Ended
Dec. 31, 2019
Interests In Other Entities [Abstract]  
Schedule of subsidiaries
Summarized statement of financial position
 
 
Wassa
 
Prestea
 
 
As of December 31,
 
As of December 31,
 
 
2019
 
2018
 
2019
 
2018
Non-controlling interest percentage
 
10
%
 
10
%
 
10
%
 
10
%
 
 
 
 
 
 
 
 
 
Current assets
 
$
142,603

 
$
129,656

 
$
14,623

 
$
13,633

Current liabilities
 
163,640

 
150,404

 
1,267,815

 
1,152,156

 
 
(21,037
)
 
(20,748
)
 
(1,253,192
)
 
(1,138,523
)
Non-current assets
 
182,982

 
141,262

 
79,788

 
134,090

Non-current liabilities
 
37,327

 
42,588

 
45,871

 
62,737

 
 
145,655

 
98,674

 
33,917

 
71,353

Net assets/(liabilities)
 
124,618

 
77,926

 
(1,219,275
)
 
(1,067,170
)
 
 
 
 
 
 
 
 
 
Non-controlling interest
 
$
20,275

 
$
15,605

 
$
(102,788
)
 
$
(87,578
)
Summarized income statement
 
 
Wassa
 
Prestea
 
 
For the years ended December 31,
 
For the years ended December 31,
 
 
2019
 
2018
 
2019
 
2018
Revenue
 
$
216,678

 
$
190,016

 
$
66,820

 
$
93,134

Net income/(loss) and comprehensive income/(loss)
 
46,691

 
30,491

 
(152,106
)
 
(88,332
)
Summarized cash flows
 
 
Wassa
 
Prestea
 
 
For the years ended December 31,
 
For the years ended December 31,
 
 
2019
 
2018
 
2019
 
2018
Cash flows provided by/(used in) operating activities
 
78,809

 
57,897

 
(88,883
)
 
(77,115
)
Cash flows used in investing activities
 
(49,622
)
 
(34,984
)
 
(10,685
)
 
(11,956
)
Cash flows (used in)/provided by financing activities
 
(26,993
)
 
(31,112
)
 
98,994

 
85,581