Perseus board approves $265m Côte d’Ivoire gold mine

Dual-listed gold miner Perseus Mining has started the development of its Yaouré gold mine, in Côte d’Ivoire, after the board approved the $265-million development.

Yaouré is expected to become a large-scale, low-cost gold mining operation producing an average of 215 000 oz/y over the first five years of its mine-life, with first gold targeted in December 2020.