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
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
The government is asking SOTEL and Airtel to amend a 2025 agreement The N’Djamena–Mberé route...
Algeria holds seminar to boost national cybersecurity skills Initiative aligns with national information systems security strategy Kaspersky...
Congo raises $700 million in 2035 bond issue Proceeds to refinance 2032 Eurobond, ease near-term pressures Order book topped $2...
Eutelsat, Unconnected.org launch satellite community Wi-Fi in Tanzania Service targets underserved areas beyond terrestrial...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is dominated by Airtel, Orange, Vodacom and Africell. The...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...
Essaouira is a coastal city in Morocco, on the Atlantic Ocean, in the Marrakech–Safi region, about two and a half hours by road from Marrakech. It stands...