Perseus to proceed with $523m development of Tanzanian project
ASX- and TSX-listed Perseus Mining has taken a final investment decision (FID) to develop the Nyanzaga gold project, in Tanzania, following an update of the project’s feasibility study. Perseus has committed to invest about $523-million, including contingency costs, to develop and prepare for the operation of the mine that is expected to produce first gold in the first quarter of 2027.
ASX- and TSX-listed Perseus Mining has taken a final investment decision (FID) to develop the Nyanzaga gold project, in Tanzania, following an update of the project’s feasibility study. Perseus has committed to invest about $523-million, including contingency costs, to develop and prepare for the operation of the mine that is expected to produce first gold in the first quarter of 2027.
