PERTH (miningweekly.com) – Gold miner Perseus Mining has reported a 9% quarter-on-quarter increase in production at its Edikan mine, in Ghana, in the quarter ended September 30, on the back of improved mill performance.
The mine produced 43 776 oz of gold in the quarter, with the company on track to achieve its full-year production guidance of 80 000 oz to 100 000 oz of gold.
Gold sales from the Edikan mine reached 43 952 oz during the quarter, up from the 39 642 oz sold in the previous quarter, with average sales prices also up from $1 172/oz to $1 223/oz.
Production costs had decreased by 6% to $1 095/oz for the September quarter, while all-in sustaining costs were also down 10% quarter-on-quarter to $1 388/oz.
Perseus warned on Monday that production and costs for the December quarter would be impacted on by a planned shutdown to carry out plant upgrades.
The crusher is scheduled to be shut down for a two-week period, with the mill scheduled for shutdown in the second week of the crusher shutdown.
The downtime has been accounted for in the full-year production guidance.
Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
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