Proposed refinancing comes after Paladin failed to sell a 24% stake in its Langer Heinrich mine to China National Nuclear Corporation (CNNC), which was expected to fetch $175 million.
Golden Star Resources Ltd. (NYSE MKT: GSS; TSX: GSC; GSE: GSR) is pleased to announce that commercial production has been achieved at its Wassa Underground Gold Mine in Ghana, effective January 1, 2017.
The Israeli billionaire, under house arrest since Dec. 19, has been at the centre of an international investigation into alleged bribery to win mining rights in Guinea.