From loss to profit, Golden Star sees fifth consecutive quarter of production growth

August 2, 2017

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The second quarter of 2017 marked Ghana-focused Golden Star Resources’ fifth consecutive quarter of production growth, according to a trading update published Tuesday. The New York-, Toronto- and Ghana-listed midtier miner saw a 51% year-on-year increase in gold production in the quarter to 64 176 oz. This included record quarterly production of 31 689 oz at the Prestea openpit operation, in Ghana, for the fourth consecutive quarter, as well as a 16% quarter-on-quarter increase in production of 31 288 oz at Wassa underground mine, also in Ghana, where operations are ramping up.

Category: General