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Perseus Mining Ltd T.PRU

Alternate Symbol(s):  PMNXF

Perseus Mining Limited is an Australia-based gold producer, developer, and explorer. The Company also conducts mineral exploration and evaluation activities in Africa. It operates three gold mines in Africa: Edikan in Ghana and Sissingue and Yaoure in Cote d'Ivoire and owns the Meyas Sand Gold Project in Sudan. Edikan Gold Mine is a large-scale, low-grade multi open-pit operation located in the Central Region of Ghana, approximately 45 kilometers southwest of the regional town of Obuasi. The Sissingue is located in northern Cote d'Ivoire and lies within the Sissingue exploitation permit that covers an area of over 446 square kilometers, bounded on one side by the international border between Cote d’Ivoire and Mali. Yaoure is located in central Cote d'Ivoire, over 40 kilometers northwest of Yamoussoukro, the political capital, and over 270 kilometers northwest of Abidjan, the economic capital of Cote d'Ivoire. It also operates Nyanzaga Gold Project, located in north-western Tanzania.


TSX:PRU - Post by User

Bullboard Posts
Post by orepasson Apr 09, 2014 7:45pm
212 Views
Post# 22432752

News out in Australia...

News out in Australia...

PERTH, WESTERN AUSTRALIA--(Marketwired - April 10, 2014) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Perseus Mining Limited ("Perseus" or the "Company") (TSX:PRU)(ASX:PRU) advises that at approximately 2.00pm GMT on Wednesday 9 April 2014, there was a fire in the processing plant at the Company's Edikan Gold Mine in Ghana while the plant was shut down for scheduled maintenance.

The Company's Emergency Response Team was activated and the fire was brought under control within an hour. The fire caused no injuries and there was no adverse impact on the environment.

Perseus's Managing Director Jeff Quartermaine said an investigation into the cause of the fire and damage incurred was underway.

"We're hopeful that all necessary repairs can be completed and approvals obtained to enable ore processing operations to resume within seven days," Mr Quartermaine said.

"It's likely that damage has been contained to an area of the plant around the cyclones and may involve damage to a cyclone, several rubber lined pipes, associated electrical cabling and air lines.

"We will update the market following our investigation."

Jeff Quartermaine

Managing Director and Chief Executive Officer

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