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
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6%...
Mali approves its first fully coordinated national cybersecurity strategy. The country ranks Tier 4/5 on the ITU Global Cybersecurity Index,...
PR-PICA forecasts Mali’s 2025/26 seed-cotton output at 433,700 tons, down 34% year-on-year. Benin’s harvest is expected to reach 632,000 tons,...
Liberia’s telecom regulator and Huawei discuss deploying the “Digital Village” model, including smart classrooms, solar power and an Internet...
Proparco lends $23 million to Sonoco to build a 600-ton/day flour mill in Freetown Project aims to cut flour imports and supply regional...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...