Golden Star Resources, Ltd. Reports Production Results for the Fourth Quarter and Full Year of 2015; Provides Production and Capital Expenditure Guidance for the Year 2016
For the year, the company reported gold production of 108,266 ounces and 114,150 ounces from Wassa and Bogoso/Prestea, respectively.
For the year 2016, the company expects production of Wassa open pit to be in the range of 100,000 ounces to 110,000 ounces, production of Wassa Underground to be in the range of 20,000 ounces to 25,000 ounces, production of Prestea open pit to be in the range of 60,000 ounces to 70,000 ounces, and non-GAAP total capital expenditure to be in the range of USD 51 million to USD 39 million.