Perseus Divests Côte d’Ivoire Stake to Focus on West African Growth

Allen dreyfus Logo
© Allen Dreyfus
  • Perseus Mining divests its 9.6% stake in Côte d’Ivoire’s Koné gold project
  • The company is expanding investments in Guinea and Tanzania

Abidjan, Cote D’Ivoire – Perseus Mining is pulling back from Côte d’Ivoire to sharpen its focus on more lucrative opportunities across West Africa. The Australian miner announced this week that it has offloaded its entire 9.6% stake in Canada’s Montage Gold, the company behind Côte d’Ivoire’s largest gold mining project, Koné.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Is Senegal drifting towards default as political rift deepens?
Read More »

Recent Politics

Planes on the tarmac of an airport. Photo by Max Chen @ Pexels
Can Togo become West Africa’s aviation hub after going visa-free?
Read More »
Policeman on the street of Addis Ababa, Ethiopia. Photo by Hailegebrel Nigussie @ Unsplash
Ethiopia’s national dialogue begins with legitimacy already on trial
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Can Nigeria’s war on terror financing succeed where military force has struggled?
Read More »

Latest Posts

Latest news insights