SURFACE

EPSA down for Yaouré contract

Perseus Mining retains firm for mining services contract

This article is 5 years old. Images might not display.

The work under the deal, which will commence on November 1, 2020, includes movement of about 170Mt of material, including 27Mt of ore that holds in excess of 1.5Moz of gold.

EPSA's mobilisation of equipment at the site is set for the March quarter of 2020. It will then hire and train their workforce ahead of the contract start date.

Perseus's CEO and managing director Jeff Quartermaine said: "The award of the Yaouré mining contract to EPSA is yet another important milestone on the path to bringing [it] into production."

Privately held EPSA was selected from eight firms which submitted interest in a competitive tender process.

When Yaouré is fully operational, Perseus will produce an average of 215,000oz/y of gold per year over its first five years. It has an initial 8.5-year mine plan.

The Edikan gold mine in Ghana and Sissingué gold mine in Côte d'Ivoire are Yaouré's sister operations.

Company-wide, West Africa-focused Perseus is pushing to become a 500,000oz/y gold producer by 2022.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets