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Hogan Lovells has announce that it has advised Barak Fund and TriLinc on an 8-year USD425m facility with Genser Energy Ghana ("Genser"). The facility will be used to refinance existing debt and finance the next phase of expansion projects including: a 100km natural gas pipeline to Ghana’s second largest city,…
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Golden Star Resources Reports Results for the First Quarter 2021
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TORONTO, May 5, 2021 /PRNewswire/ -
Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ( Golden Star or the Company ) reports its financial and operational results for the first quarter ended March 31, 2021. All references herein to $ are to United States dollars.
Q1 2021 HIGHLIGHTS:
Figure 1 - WASSA UNDERGROUND DRILLING – Q1 2021 DRILLING AND FY 2021 PLANNED HOLES: (CNW Group/Golden Star Resources Ltd.)
Q1 2021 production totaled 40.1 thousand ounces ( koz ) from Wassa, in line with Q1 2020 and Q4 2020 performance. The All-In Sustaining Cost ( AISC ) for the period of $1,100 per ounce ( /oz ) was slightly higher than expected as sales lagged production by 3%.