Perseus Mining Limited (ASX:PRU) remains on schedule to achieve the stretch target of first gold pour this month, subject to no COVID-19 related delays.
When fully operational, Yaouré is expected to produce on average about 215,000 ounces of gold annually in its first five years of operation at an all-in site cost of $750 per ounce, and have a mine life of eight years or more, based on the current ore reserve inventory.
Yaouré will be the company’s third gold mine and is integral to growing company-wide production to 500,000 ounces per annum by FY2022.
The following video shows drone footage of the mine site under construction in November 2020 and outlines construction progress.
December quarter
Perseus’s operating Edikan and Sissingué mines are forecast to continue to produce strongly in the December 2020 quarter.
Gold production and all-in sustaining cost (AISC) guidance for the December 2020 half year remains unchanged at 125,500 to 139,000 ounces at an AISC of US$940 to US$1,025 per ounce.