86% owned by Perseus
Sissingué became Perseus’ second gold mine when it was developed ahead of time and on budget in January 2018. Sissingué is located in the north of Côte d’Ivoire near the border of Mali, 787km north-west of Côte d’Ivoire’s commercial capital of Abidjan. High grade gold ore is sourced from one main open pit and several smaller satellite open pits and processed through a conventional 1.4 million tonnes per annum CIL processing facility. The mine produces between 70,000 and 100,000 ounces of gold per annum at a weighted average AISC of around US$760 per ounce.
Since its inception, Sissingué has exceeded all expectations in terms of run time, throughput rates, recovery and gold production. The remaining mine life stands at approximately three years from 1 July 2020 however a range of exploration programs are being undertaken on tenements adjacent to mine infrastructure aimed at extending the mine plan well beyond current estimates.
The Sissingué Gold Mine is situated on the Syama-Boundiali Greenstone Belt. The terrain is comprised of undifferentiated granitoids, flysch sediments, intermediate volcanics, and small occurrences of mafic intrusives and molasse sediments.
Gold mineralisation is associated with an altered granitic intrusive, porphyritic dykes and their alteration halo in Lower Proterozoic Birimian metasediments.
Sissingué Production Process
Workforce & Community
Perseus is the major provider of formal employment in the local community which traditionally has supported subsistence farming and grazing activities. We employ almost 700 employees and contractors at Sissingué Gold Mine. Around 90% of our workforce are Ivorian nationals and 49% are drawn from the villages nearest the mine.
Importantly, Sissingué has developed a very high level of community engagement through the construction and operation of the mine and as a major employer and provider of benefits to the host community, it currently enjoys strong levels of community support. Sissingué provides a high level of local employment, supports local enterprise (59% of the food supplies are sourced locally) and conducts skills-based training programs to provide transferable skills. Of the total revenue generated annually by Sissingué, 0.5% is paid into the Community Development Fund (CDF) which is managed by a representative committee to deliver infrastructure and programs for the 12 communities nearest the Sissingué Mine.