Perseus Mining extends life of Yaour gold mine to 2035

(Kitco News) - Africa-focused gold producer Perseus Mining (TSX: PRU) (ASX: PRU) yesterday announced it had extended Yaour’s operational life to 12+ years (to at least 2035), with potential for further extension through additional discoveries.

Perseus said in a press release that when the company acquired the Yaour gold mine in Cte d’Ivoire as a development project in 2016, the possibility of extending the life of the mine through development of an underground operation “was not part of the plan.”

“However, our discovery, and subsequent engineering and planning, that has led to today’s announcement, bears testament to Perseus’s in-house ability to create significant value through organic growth,” it added.