M&A

Perseus to possibly pursue another big gold play in Cote d'Ivoire via Sudan

PERSEUS Mining has taken a convoluted step towards a potential 200,000-300,000 ounce per annum open cut gold project development in Cote d'Ivoire after acquiring a 15% stake in Canadian junior Orca Gold, with Orca the holder of a 31.5% of another Canadian company Montage Gold, owner of the advanced multi-million ounce Kone deposit.