Company:  GOLDEN STAR RESOURCES LTD ...
Form Type:  6-K
Filing Date:  10/11/2018 
CIK:  0000903571 
Address:  150 KING STREET WEST
SUITE 1200
 
City, State, Zip:  TORONTO,  M5H 1J9 
Telephone:  416 583 3800 
Fiscal Year:  12/31 
Description of Business
Golden Star produced 267,565 ounces of gold in 2017 and 194,054 ounces of gold in 2016. Currently, approximately 90% of the Company's gold production is sold through a South African gold refinery. Except for the sales to RGLD as part of the Streaming Transaction, the refinery arranges for sale of gold. The Company's gold is sold in the form of doré bars that average approximately 90% gold by weight with the remaining portion being silver and other metals. The sales price for spot sales is typically based on the London P.M. fix on the day of shipment to the refinery. Until the end of 2017, the Company sold 9.25% of its total gold production to RGLD at 20% of the spot price. During 2018, the Company will be selling 10.5% of its gold production at 20% of -11- -------------------------------------------------------------------------------- the spot gold price to RGLD until 240,000 ounces have been delivered.
Register and access this filing in:     
  FORM 6-K
    SIGNATURES
  EXHIBIT 99.1