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.
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...
Somalia and Algeria signed multiple agreements covering education, agriculture, energy, diplomacy,...
Sonatrach signs $437M deal with Sinopec for Arzew refinery upgrade New unit to boost gasoline output from 550,000 to 1.2M tonnes yearly...
Ruto announces $850M plan for housing, roads, and markets in three counties Funds to build 44,000 homes, upgrade 600 km of roads, complete a...
President Hassan appoints new 56-member cabinet after landslide re-election Seven ministers ousted; ex-ambassador Omar named new finance minister...
Economists use underemployment to better assess Africa's labor conditions ILO defines two types: too few hours and low-pay, low-productivity work...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...
The Okapi Wildlife Reserve, located deep within the Ituri Forest in the northeastern Democratic Republic of Congo, stands as one of the Congo Basin’s most...