Golden Star Resources starts production August

Golden Star Resources starts production August

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Golden Star Resources will from next month begin commercial production of gold at its underground mine.

This move comes after several postponement due to operational challenges. The company’s mines at Wassa and Prestea are expanding to develop underground mines below existing open pit operations.

This will enable it transform into a high grade, low cost gold producer with strong exploration upside potential. The Community Relations and Social Responsibility Manager of Golden Star Resources Limited, Robert Gyamfi said the company has demonstrated commitment over the years.

“Over the years we have demonstrated our commitments to the underground … we have gone through a series of pre-feasibility and feasibility studies and finally we got investment from Royal Gold and through the investment we have been able to transform and we are almost through with the transformation from care and maintenance to commercial production,” Gyamfi told Starr Business.

The mine is expected to produce 90,000 ounces of gold a year and has almost half a million deposits which will be mined in almost  six years.

Source:  StarrFMonline

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