Key Developments: Golden Star Resources Ltd (GSS.A)

GSS.A on American Stock Exchange

0.55USD
3:59pm EDT
Price Change (% chg)

$0.03 (+5.03%)
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$0.52
Open
$0.51
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$0.55
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$0.51
Volume
110,079
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216,372
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$0.88
52-wk Low
$0.39

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Latest Key Developments (Source: Significant Developments)

Golden Star Resources Ltd lowers FY 2014 production guidance
6:06pm EDT 

Golden Star Resources Ltd:Revised FY 2014 production guidance downward to 260,000 - 280,000 ounces as rainfall and power outages impact mining and processing.  Full Article

Golden Star Resources Ltd reaffirms FY 2014 production outlook
Wednesday, 7 May 2014 07:00am EDT 

Golden Star Resources Ltd:Expects to produce 295,000 to 320,000 ounces of gold in FY 2014.  Full Article

Golden Star Resources Ltd reaffirms FY 2014 production guidance
Wednesday, 9 Apr 2014 04:35pm EDT 

Golden Star Resources Ltd:Says production guidance is unchanged at 295,000 - 320,000 ounces of gold for FY 2014.  Full Article

Golden Star Resources announces resignation of CFO Jeff Swinoga and promotion of Andre Van Niekerk to CFO
Tuesday, 18 Mar 2014 04:30pm EDT 

Golden Star Resources Ltd:Says that Jeff Swinoga, Executive Vice President and Chief Financial Officer has resigned from the Company to pursue other opportunities.Appointed Andre van Niekerk, Vice President and Controller as the Company's new Executive Vice President and Chief Financial Officer.  Full Article

Golden Star Resources Ltd reaffirms FY 2014 production guidance
Thursday, 30 Jan 2014 04:15pm EST 

Golden Star Resources Ltd:Expects to produce 295,000 to 320,000 ounces of gold in FY 2014.  Full Article

Golden Star Resources Ltd issues FY 2014 gold production guidance
Thursday, 9 Jan 2014 07:00am EST 

Golden Star Resources Ltd:Expects to produce 295,000 to 320,000 ounces of gold in FY 2014.  Full Article

Golden Star Resources Ltd Chairman To Become Non-Executive
Tuesday, 19 Nov 2013 09:00am EST 

Golden Star Resources Ltd announced that the Board of directors has decided to amend the title of the current Chairman of the Board to that of non-Executive.  Full Article

Golden Star Resources Ltd Raises FY 2013 Production Guidance
Monday, 4 Nov 2013 07:07am EST 

Golden Star Resources Ltd announced that year to date the Company has produced 255,377 ounces of gold, mainly because of the good performance from Wassa in the second quarter and the better than expected results achieved from tailings reclaim in the third quarter. The Company now expects to exceed its revised production guidance for fiscal 2013. Accordingly gold production guidance for fiscal 2013 is being increased to 325,000-330,000 ounces.  Full Article

Golden Star Resources Ltd Announces Closing Of $50 Million Secured Medium Term Loan Facility
Tuesday, 30 Jul 2013 05:31pm EDT 

Golden Star Resources Ltd announced that it has closed a $50 million secured Medium Term Loan Facility (Loan) with Ecobank Ghana Limited (Ecobank), a pan-African full service bank, who acted as sole lender and arranger to the Company. The use of proceeds is to finance Wassa, inclusive of pre-feasibility studies, drilling operations, settlement, partial relocation and other capital expenditures. The Company has drawn down $10 million for cash management purposes. The Loan has a term of 60 months from the date of initial drawing and is secured, among other things, against Wassa's existing plant, machinery and equipment. The interest rate will be three month LIBOR + 9%, per annum, payable monthly in arrears. Payment of interest and principal commences six months following the first drawdown. The new Loan facility provides the Company with benefits, including: (i) a well-regarded and local partner in Africa which supports the growth of the Company's Ghanaian projects; (ii) flexibility to prepay the loan, without financial penalty; and (iii) no hedging requirement.  Full Article

Golden Star Resources Ltd Issues FY 2013 Production Guidance
Monday, 4 Mar 2013 08:44pm EST 

Golden Star Resources Ltd announced that it is forecasting its fiscal 2013 production to remain in-line with fiscal 2012 production. The Company expects total gold production to be in the range of 320,000-350,000 ounces.  Full Article

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