{"id":461150,"date":"2018-02-03T17:21:27","date_gmt":"2018-02-03T17:21:27","guid":{"rendered":"https:\/\/ghana-mma.com\/2018\/02\/03\/golden-star-to-achieve-commercial-production-in-underground-mine\/"},"modified":"2018-02-03T17:21:27","modified_gmt":"2018-02-03T17:21:27","slug":"golden-star-to-achieve-commercial-production-in-underground-mine","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2018\/02\/03\/golden-star-to-achieve-commercial-production-in-underground-mine\/","title":{"rendered":"Golden Star to achieve commercial production in underground mine"},"content":{"rendered":"<p><\/p>\n<div id=\"medsection1\">\n<!-- End of html generated by this->header() --><\/p>\n<p class=\"floatLeft\">Business News of Saturday,  3 February 2018<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>ghananewsagency.org<\/p>\n<p>2018-02-03<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/02\/93671349.jpg\" alt=\"Golden Star Resources\" title=\"Golden Star Resources\" width=\"220\" height=\"176\" \/><span class=\"image_caption\"><span>Golden Star Resources logo<\/span><\/span><\/p>\n<div class=\"noPrint\">\n<div id=\"537626303\" style=\"width:300;height:250;margin:0;padding:0\">\n<p>\t\t  <noscript><iframe loading=\"lazy\" id=\"b2ad7fa7fd\" name=\"b2ad7fa7fd\" src=\"http:\/\/ghanaweb-d.openx.net\/w\/1.0\/afr?auid=537626303&amp;cb=151125813973067\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=151125813973067\"><\/p>\n<p>\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/02\/1517678487_416_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\">The underground mine of the Golden Star Resources limited at Prestea in the Western Region is expected to produce Gold in commercial quantities after the installation of all ancillary infrastructure.<\/p>\n<p>Currently, exploration drilling was underway at the mine with the objective of increasing the annual production rate and extending the life of the mine.<\/p>\n<p>In an interview with the GNA, President and Chief Executive officer of Golden Star, Sam Coetzer, said the West Reef ore body of Prestea Underground has Mineral Reserves of 1.09million tonnes of Gold at 13.93 grams per tonne of Gold.<\/p>\n<p>\u201cAchieving commercial production at Prestea underground is an important milestone in Golden Star\u2019s transformation into a high grade, margin-focused gold producer.<\/p>\n<p>\u201cIt is also a significant historical moment for the Prestea community as it has been over 15 years since the mine produced in commercial quantities. I will like to thank our host communities for their continued support during the construction and commissioning periods.\u201d<\/p>\n<p>The 2018 production guidance for the Prestea Complex which includes; Prestea Underground and the Prestea Open Pits is between 93,000 and 113,000 ounces of gold at a cash operating cost $740-880 per ounce.<\/p>\n<p>He mentioned that the Golden Star would release its 2017 full year and fourth quarter report after market closes on February 20, 2018.<\/p>\n<p><!-- uploaded by: 39 updated by: -1 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Saturday, 3 February 2018 Source: ghananewsagency.org 2018-02-03 Golden Star Resources logo The underground mine of the Golden Star Resources limited at Prestea in the Western Region is expected to produce Gold in commercial quantities after the installation of all ancillary infrastructure. Currently, exploration drilling was underway at the mine with the objective [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":461151,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-461150","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/461150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/comments?post=461150"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/461150\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/media?parent=461150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/categories?post=461150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/tags?post=461150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}