Edikan resource tops 6.8Moz - Perseus

Gold miner Perseus Mining has increased the measured and indicated gold resource at its Edikan gold mine, in Ghana, to more than 6.8-million ounces. The company recently completed a 27 986 m drilling programme at Edikan and the adjoining Dunkwa...

Perseus posts interim profit

In its final six months as a pure exploration company, ASX- and TSX-listed Perseus Mining has reported a net profit after tax of $134.68-million for the period ending December. Gold production for the 2012 calendar year was expected to reach...

Mining Indaba Schedule

Perseus moves to commercial production at Edikan

West Africa-focused Perseus Mining has transitioned into commercial production at its Edikan gold mine, in Ghana. The miner said in a statement on Tuesday that commissioning during December of last year resulted in similar throughput and gold...

Development work at Perseus gold mine to start early 2012

ASX- and TSX-listed gold miner Perseus Mining on Wednesday told delegates at the Africa Downunder conference that it was likely to start development work on its Tengrela gold project, in Côte d'Ivoire, by the first quarter of next year. Perseus...

Perseus pours first gold at Ghana project

ASX- and TSX-listed Perseus Mining has poured its first gold at the Central Ashanti gold project, in Ghana. The small pour of 2 666 g represented gold recoveries from the gravity circuit, the miner said on Tuesday.

Perseus says Ghana mine to produce first gold soon

ASX- and TSX-listed Perseus Mining said on Thursday that it was on track to produce its first gold at the Central Ashanti gold project, in Ghana, within the next week. The gold developer said that the semi-autogenous grinding mill started...

Central Ashanti gold project, Ghana

Perseus Mining reports its progress on the project.

Perseus eyes $180m pretax earnings in FY2012

ASX- and TSX- listed Perseus Mining told the Paydirt Gold conference on Wednesday that it expected pre-tax earnings of around $180-million within 12 months. MD Mark Calderwood said the revenue gain would be driven by the company’s maiden, but...

Perseus could open new Côte d’Ivoire gold mine in late 2012

Gold explorer Perseus Mining could start production at a new gold mine in Cote d’Ivoire by the fourth quarter of 2012, MD Mark Calderwood said on Tuesday. A recently completed feasibility study found that a 1,75-million ton a year opencut...

Perseus awards mining, fuel supply contracts for Ghana gold mine

ASX- and TSX-listed Perseus Mining has awarded key contracts for its Central Ashanti Gold project, in Ghana, in preparation for the start-up at the mine next year. The firm has provided a letter of intent to African Mining Services, a subsidiary...

Perseus expects permits for Cote d'Ivoire mine next year

Perseus Mining expects to receive permitting approval by mid-2011 for its second project – Tengrela, in the Côte d'Ivoire, MD Mark Calderwood said on Monday. Perseus started construction three months ago on its first mine, the Central Ashanti...