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Gold & silver

Perseus Mining releases March video update on development of Yaouré Gold Mine

Construction of the company’s third West African gold mine remains on schedule.

Perseus Mining Limited (ASX:PRU) (TSE:PRU) (OTCMKTS:PMNXF) has released a video update of construction progress at the Yaouré Gold Mine in Cote d’Ivoire.

The video shows drone footage of the mine site under construction in March 2020 and outlines construction progress.

Perseus remains on track for the first gold pour by the end of December 2020.

During the first half of FY2020, the company produced 134,980 ounces from the Edikan mine in Ghana and Sissingué mine in Côte d'Ivoire at an all-in sustaining cost (AISC) of US$942 per ounce.

Half-year production was at the top end of the guided production range of 120-140,000 ounces and costs also were comfortably within the guided cost range of US$850-1,000 per ounce.

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