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Golden Star Resources Announces Production Results from Bogoso/Prestea and Wassa/HBB

Investing News Network
Jul. 09, 2013 04:52AM PST
Gold Investing

Golden Star Resources Ltd. (NYSE:GSS, TSX:GSC) announced its preliminary production results for its Bogoso/Prestea and Wassa/HBB from the quarter ending June 30, 2013.

Golden Star Resources Ltd. (NYSE:GSS, TSX:GSC)  announced its preliminary production results for its Bogoso/Prestea and Wassa/HBB from the quarter ending June 30, 2013.

As quoted in the press release:

In the second quarter of 2013 the Company sold a total of 85,090 ounces (“oz”) of gold (“Au”) at an average realized price of $1,418 per oz.
Bogoso/Prestea mine sold 34,316 oz Au for the quarter
Wassa/HBB operations sold 50,774 oz Au for the quarter

Golden Star’s President and CEO, Sam Coetzer, said:

The second quarter of 2013 was another strong operational quarter for the Company. Despite the recent decline in gold prices and general market turmoil, we have remained resilient, with both our Bogoso and Wassa operations continuing to produce well. The Company is on track to achieve its updated gold production guidance for 2013, as press released on June 17, 2013. At the Bogoso Mine the Company continues to focus on the pit wall pushbacks at both the Bogoso North and Chujah pits and, with the new excavators in place, productivity has continued to improve.

To view the whole press release, click here. 

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