On January 15, 2018, Perseus Mining which operates the Sissingué mine in Côte d’Ivoire said that it should produce its first gold bullion earlier than expected (by the end of this month). The company explained that on Saturday 13, 2018, it started stocking milled ore in the leaching plant. This indicates the imminent conclusion of the commissioning phase.
“The introduction of milled ore in the Sissingué plant on Saturday was a crucial stage in the production process of the second mine we exploit. We look forward […] to seeing Sissingué mine reach full production and a positive cash flow by the end of March”, said Jeff Quartermaine, CEO of Perseus.
The mining company plan to produce 358,000 ounces of gold with an average of 70,000 ounces produced annually. In addition to that project, the company also operates the Yaouré gold project in Côte d’Ivoire and Edikan mine in Ghana.
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
Four years after Russia’s 2022 invasion of Ukraine, the fertilizer market is facing a new shock as m...
The European Investment Bank and Bank of Industry signed €135 million ($156.3 million) in loans targeting healthcare manufacturing and...
The World Bank allocates $75 million to fund the DR Congo’s second general population and housing census (RGPH2), part of a $100 million...
International Finance Corporation invests $45 million to power 2,235 telecom sites with solar energy across Ethiopia, Liberia, and Sierra...
Senegal launches a public consultation to define operational and regulatory rules for fiber optic network sharing. Authorities aim to reduce...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...