M&A

Perseus consumes Orca as likely Montage plan comes sharply into view

ONE down, one to go for Perseus Mining as it unveiled a deal to acquire Orca Gold, owner of a technically attractive looking pre-development project in Sudan and, most pertinently, holder of a 31.4% stake in a Canadian company that owns a technically attractive looking pre-development gold project in Cote d'Ivoire.

 Block 14, Sudan

Block 14, Sudan

The latter company, Montage Gold, is currently capitalised at about C$66 million, and its Kone project, north of Perseus' flagship Yaoure operation in Cote d'Ivoire, is ready to be built and produce more...

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