JOHANNESBURG (miningweekly.com) – West African gold producer Avesoro Resources achieved record production at its New Liberty gold mine, in Liberia, and its Youga and Balogo gold mines, in Burkina Faso, in the quarter ended March 31. The company on Monday said the 68 088 oz of gold produced in the quarter is in line with full-year production guidance of 220 000 oz to 240 000 oz of gold at an operating cash cost of between $620/oz to $660/oz. New Liberty produced a record 27 870 oz of gold – an increase of 9% on the previous quarter. “Recoveries at Youga improved, compared with the fourth quarter in 2017. Avesoro expects this to continue, with the addition of a new PSA oxygen plant in the coming weeks,” said Avesoro CEO Serhan Umurhan.

Source: GNN Liberia April 09, 2018 10:52 UTC