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
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
JA Africa launches $1.5M digital safety program in four African countries Initiative to ...
Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...
Pretoria says its G20 membership is unconditional as a founding member Washington disputes how the 2025 rotating presidency was handed...
Hybrid financing models are reshaping Africa’s energy sector as traditional private equity acquisitions decline but clean investment grows...
Government in talks with Arial Metrics to test drone-based aerial seeding Planned technical partnership aims to launch trials in the next...
Wise, a UK fintech, has received conditional approval to operate directly in South Africa, marking the company’s first regulated, on-the-ground...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...