Perseus makes Sudan plans as profits soar
Published on: Tuesday 30 August 2022
Gold miner Perseus Mining has announced plans for a final investment decision on its recently acquired Block 14 gold project, in the Sudan, by the second half of 2023, while also announcing record financial results for the 2022 financial year.
Perseus MD Jeff Quartermaine told delegates at Paydirt’s Africa Downunder conference, in Perth, that the Block 14 operation could add 200 000 oz/y of gold to Perseus’ production profile, with the project estimated to have a mine life of 13-years, based on a current reserve of 2.85-mllion ounces of gold and a resource of 3.34-million ounces of gold.
News source: https://www.miningweekly.com/article/perseus-makes-sudan-plans-as-profits-soar-2022-08-31
