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...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...
Morocco, Australia sign climate-smart agriculture research deal A$76 million program backs six-year Africa initiative Drought-hit Morocco seeks...
Ghana has 50,000 tonnes unsold cocoa at ports Cocoa prices fell from $13,000 to around $4,000 Traders face liquidity crunch; 300,000...
Africa remains the lowest-scoring region in Transparency International’s global corruption index, with only four countries exceeding the 50-point mark and...
Aircraft to modernize long-haul fleet, open US and Asia routes A350 cuts fuel use 25%, supports Egypt’s tourism growth strategy EgyptAir received an...
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...