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Perseus expects higher output in next quarter

ASX- and TSX-listed Perseus Mining’s Edikan mine, in Ghana, has reported lower gold production during the December quarter, as a delay in statutory approvals to develop openpit mines on the eastern side of the mining lease, impacted on the production schedule.

Perseus said on Thursday that since gaining the formal approval in August last year, the company had been working to mitigate the impact of the delay by accelerating mining in each of the Fobinso Stage 3, Fetish and Chirawewa pits.