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Perseus getting set for big new mine

PERSEUS Mining believes its Yaoure project in Cote d’Ivoire is “eminently financeable” after a definitive feasibility study showed the US$263 million development would produce an average of 215,000 ounces per annum for the first five years at all-in site costs of $734 per oz.

Michael Quinn
Perseus getting set for big new mine

With one exception, the company says it has the “full spectrum” of possible funding options. The exception is equity financing, with MD Jeff Quartermaine saying the strong message from shareholders was...

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