Perseus Mining's Yaouré gold mine in Côte d’Ivoire produced 194,486 ounces of gold during the first nine months of 2025, marking a 12% increase year-on-year. This performance contrasts with production declines at the company's two other West African assets, according to the third-quarter activity report published Monday.
At Perseus's second Ivorian asset, the Sissingué gold mine, production for the first nine months of the year fell 33% year-on-year to 34,920 ounces. A similar trend was observed at the Edikan gold mine in Ghana, where Perseus produced 113,389 ounces, compared with 144,199 ounces during the first three quarters of 2024.
The company stated that these results align with its mining plan. At Sissingué, the decline was due to increased stripping required to access higher-grade ore zones. At Edikan, the decrease resulted from the closure of two open pits and greater reliance on lower-grade stockpile material.
For its fiscal year 2026, which began July 1, Perseus is targeting total gold production of between 400,000 and 440,000 ounces, with nearly half expected to come from Yaouré.
Yaouré is forecast to deliver 168,000 to 184,000 ounces in the current fiscal year, down from the 262,239 ounces produced in fiscal year 2025. The mine is currently transitioning from an open-pit operation to an underground mine, which is expected to become Côte d’Ivoire’s first underground gold mine. Commissioning is scheduled for the first half of 2026, with production planned to continue through 2035.
Emiliano Tossou
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...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Côte d'Ivoire ranked first on gender equality within the Economic Community of West African States (ECOWAS) with a score of 0.708, above the regional...
Public accelerator Algeria Venture launched AventureCloudz on Thursday, April 30, a cloud platform for software developers, hosted on Algerian soil and...
Société sucrière du Cameroun (Sosucam), a subsidiary of France's Castel group, invested 2.5 billion FCFA (about $4.5 million) in a new sugar...
Gambian authorities, working with the Economic Community of West African States (ECOWAS) Commission, inaugurated the National Center for Response to...
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....