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.
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...
Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...
Matthew Sharples, who has served as Asara Resources’ managing director for over a year, had not until now been directly involved in board deliberations....
South Sudan declines to renew Oranto’s oil block B3 contract Audit cites failure on seismic surveys and drilling commitments Block reopened to...
Tungsten prices surpass $3,000/tonne amid supply disruptions, China curbs Rwanda, DRC gain opportunities; Rwanda leads with higher output US...
Program targets 15,000 km roads, improving access to services Aims to boost connectivity, cut travel times, support rural economy The technical...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....