Mining

Ghana: Edikan mine’s output records highest peak since 2012

Thursday, 01 February 2018 08:02

Perseus Mining announced Tuesday that it has produced overall 208,226 oz at its Edikan mine (in Ghana) in 2017. This figure is the largest annual output ever reached since commercial production started in 2012.

This good performance was spurred by a 76% year-on-year increase to 56,699 oz of production at the end of Q3, 2017. The operational cost per once was $998 and overall cost was $1, 093, down 41% compared to the same period in 2016.

The company expects an output increase, for both 2018 season (ending in June) and the calendar year (January from December). To achieve its goals, it counts on the entry in production of its Sissingue mine (Côte d’Ivoire) announced on Monday.  

Louis-Nino Kansoun

On the same topic
In the wake of rising gold prices, several mining companies are accelerating the development of new projects. In Zimbabwe, U.S.-based Namib Minerals...
Prometeon to build $300M tire plant in Egypt’s free zone New facility targets truck, machinery, and tractor tire production $400M also planned...
Senegalese groups urge decentralized energy to close rural electrification gaps 30% of rural areas lack power despite 84% national access rate Civil...
ACWA Power, AfDB sign deal to develop energy, water projects in Africa Partnership targets $5 billion in financing by 2030, focusing on...
Most Read
01

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
02

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
03

Airtel Africa signed a partnership with SpaceX to launch Starlink Direct-to-Cell satellite connect...

Airtel Africa Partners With SpaceX to Roll Out Starlink Direct-to-Cell
04

Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...

Fitch Says Côte d’Ivoire Has “Left Political Risk Behind” as Rating Upgrade Highlights Strengthening Fundamentals
05

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.