Golden Star Resources gets permits for Phase l of Prestea underground mine Golden Star Resources announced earlier it has received the environmental and mining permits for Phase I development of the Prestea Underground mine. "These permits allow the Company to commence initial development in the Central Shaft area in order to achieve early production and advance our infrastructure, with the long-term goal of transforming Prestea Underground into a modern, mechanized mine and a key contributor to lower cost gold production going forward," said Sam Coetzer, President and CEO.
News For GSS From The Last 14 Days
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Golden Star Resources upgraded to Buy from Hold at Canaccord Canaccord upgraded Golden Star Resources to Buy citing valuation and potential upside from Wassa. The firm keeps a C$1.00 price target for shares.