Perseus Mining has new substantial shareholder in New York-based Van Eck Associates
The investment manager has a 5.04% stake in the West African gold producer and holds almost 59 million shares.
Company
ASX:LYL
Lycopodium is a leader in its field, working with clients to provide integrated engineering, project, construction and asset management solutions. The company has the expertise to deliver complex, multidisciplinary projects, through to the provision of feasibility studies and advisory services.
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The investment manager has a 5.04% stake in the West African gold producer and holds almost 59 million shares.
Lougher has worked with numerous Australian and international companies in a variety of roles throughout his extensive 35-year career, including 18 years working in Africa.
Yaouré is expected to become a large-scale, low-cost gold mining operation that will form an important part of Perseus’ asset portfolio.
The new contract continues Perseus’ association with Lycopodium, following the successful delivery of the Sissingué Gold Project.