From Bloomberg, March 14, 2012 2:08 AM EDT
Perseus Mining Ltd. (PRU), an Australian gold producer with operations in Ghana and Ivory Coast, said it’s in talks to expand in West Africa in a bid to boost output by about half in 2014.
Perseus, based in Perth, is in discussions with companies about buying a mine or setting up a venture to add at least 150,000 ounces of capacity a year, Managing Director Mark Calderwood told reporters after a presentation to investors in Melbourne today. He didn’t provide additional information.
“There are joint-venture discussions at the moment as there are a few companies around that don’t have the rigs or the cash to drill out their own projects,” Calderwood said. “We aim to look for something to add on for 2014.”
http://mobile.bloomberg.com/news/2012-03-14/perseus-mining-in-talks-to-expand-gold-production-in-west-africa?BB_NAVI_DISABLE=BIZ
said it’s in talks to expand in West Africa in a bid to boost output by about half in 2014
AMX and GRY will not produce 150koz in 2014 and will not let PRU 'boost output by about half in 2014'
NMG will be producing 150k oz, prob in 2013
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