Mining

Côte d’Ivoire: Sissingué mine to be commissioned before the end of January

Tuesday, 16 January 2018 17:28

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. 

On the same topic
Kavango Resources raised $8.4 million through share placements in London and Victoria Falls. The funds will support the Hillside gold project and...
Niger has declined to extend Savannah Energy’s exploration permits in the Agadem basin. The decision concerns four oil blocks covering more than 13,000...
Blencowe Resources confirmed a new graphite deposit at its Orom-Cross Graphite Project, expected to become Uganda’s first graphite mine. The new...
Côte d’Ivoire and Azerbaijan held talks in Abidjan on potential joint projects in oil and gas. Azerbaijan’s state oil company SOCAR recently...
Most Read
01

Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...

As Hormuz and Suez Tensions Escalate, Africa Faces a Potential Energy and Trade Shock
02

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
03

Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...

Nigeria Advances Banking Reform With Strong Recapitalization Progress
04

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
05

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.