R/€ = 19.50 Change: -0.02
R/$ = 17.55 Change: -0.02
Au 1729.33 $/oz Change: 8.24
Pt 838.25 $/oz Change: 6.31
 
 
R/€ = 19.50 Change: -0.02
R/$ = 17.55 Change: -0.02
Au 1729.33 $/oz Change: 8.24
Pt 838.25 $/oz Change: 6.31
 
 
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Golden Star puts 60 in quarantine after second confirmed Covid case

22nd May 2020 BY: Creamer Media Reporter

Gold mining company Golden Star Resources has two positive Covid-19 cases at its Prestea mine, in Ghana, and has placed about 60 employees in quarantine.

The NYSE American- and TSX-listed company is revising its planned operations in the short term to allow for possible critical skills shortages and says that it will impact on production from 24 Level over the coming weeks.

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However, the impact on development activities on 17 Level – which are crucial to the longer-term viability of the operation – will be minimal.

Golden Star has no confirmed or suspected cases of Covid-19 at the Wassa mine. 

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“To the extent the situation remains unchanged, given the current strong operational performance at Wassa, the company continues to be on track to achieve its consolidated annual guidance for 2020,” it said in a statement.

Golden Star is targeting 195 000 oz to 210 000 oz at an all-in sustaining cost of $1 080/oz to $1 180/oz in 2020. The Wassa complex will deliver 155 000 oz to 165 000 oz of the guidance and Prestea 40 000 oz to 45 000 oz.

The supply chains at the Wassa and Prestea mines have not been impacted, nor has the export and sale of gold doré. 

EDITED BY: Mariaan Webb Creamer Media Senior Researcher and Deputy Editor Online
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