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Edikan delivers more gold for Perseus

19th July 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – Dual-listed gold miner Perseus Mining has reported a 6% quarter-on-quarter increase in production from its Edikan gold mine, in Ghana.

The Edikan operation produced 51 563 oz of gold during the June quarter, bringing half-year production to 100 218 oz. The half-year production was up 32% compared with the December 2016 half-year.

The increased gold production was driven by improved head grade and plant performance, Perseus said on Wednesday.

Gold sales for the quarter reached 53 319 oz, down slightly from the 55 532 oz sold in the previous quarter, with average sales prices increasing from $1 266/oz to $1 286/oz during the same period.

Perseus said the Edikan mine would deliver between 250 000 oz and 285 000 oz for the full year.

Edited by Creamer Media Reporter

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