Australian Gold Miner Still Has Plan to Drill in War-Torn Sudan
- North African nation is ‘not lost’ to Perseus, CEO says
- Sees opportunities in North Africa alongside Saudi partners
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Australian gold producer Perseus Mining Ltd. hasn’t ditched a long-term plan to mine in war-torn Sudan, even as it chases other deals across Africa to sustain its output.
The third-biggest Australia-listed gold miner by market value has put on hold a final investment decision to build a mine in the North African nation wracked by a complex civil war. But Perseus is still eyeing a potential post-conflict future there, and is preparing to award a new drilling contract for its Meyas Sands asset, which is far from the fighting.