Modern Mining November 2020

pour first gold ahead of schedule

commercial production during the March 2021 quarter.” The mine, which is located in central Côte d’Ivoire, some 40 km from the capital Yamoussoukro, has an internal rate of return (IRR) of 27% and a 32-month payback period at a gold price of US$1 250/oz. It is one of three mines belonging to Perseus Mining in

in late August and have been steadily increasing ever since. “When fully operational, we expect to process approximately 3,3-million tonnes of ore per year. Ramp-up to full production is expected to be rea- sonably quick and we are looking to pass various completion tests and be in a position to declare

The total construction cost, including COVID-19 pandemic measures, is projected to be below the budget of US$265- million.

The Yaoré mine is located some 40 km from the Ivorian capital Yamoussoukro.

November 2020  MODERN MINING  17