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Mining

Perseus Mining video highlights excellent progress on development of Yaouré Gold Mine

The company’s two producing gold mines, namely Edikan in Ghana and Sissingué in Côte d’Ivoire, produced a combined total of 57,983 ounces of gold during the March 2020 quarter.

Perseus Mining Limited (ASX:PRU) continues to make excellent progress at its Yaouré Gold Mine in Cote d’Ivoire, with development tracking on schedule and budget.

Yaouré remains on schedule to achieve the stretch target of first gold pour in December 2020, subject to no COVID-19 related delays.

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

The company’s two producing gold mines, namely Edikan in Ghana and Sissingué in Côte d’Ivoire, produced a combined total of 57,983 ounces of gold during the March 2020 quarter.

Perseus maintained its targeted cash margin of more than US$400 per ounce of gold produced, generating a notional cash flow of about US$24 million from operations during the quarter.

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