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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QphLxCHwh71KeaLAl54JxU/9NUp0/j+oPDD2MqzNcd6gRCS+TNKXf1tILoTfRr0t
 EZPA4IHEV58C2GyDnqy9gQ==

<SEC-DOCUMENT>0001179110-08-019982.txt : 20081124
<SEC-HEADER>0001179110-08-019982.hdr.sgml : 20081124
<ACCEPTANCE-DATETIME>20081124191215
ACCESSION NUMBER:		0001179110-08-019982
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20081121
FILED AS OF DATE:		20081124
DATE AS OF CHANGE:		20081124

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Terrell Michael A
		CENTRAL INDEX KEY:			0001347869

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12284
		FILM NUMBER:		081211696

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		303-830-9000

	MAIL ADDRESS:	
		STREET 1:		10901 W. TOLLER DRIVE, SUITE 300
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GOLDEN STAR RESOURCES LTD
		CENTRAL INDEX KEY:			0000903571
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				980101955
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		10901 WEST TOLLER DRIVE
		STREET 2:		SUITE 300
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127
		BUSINESS PHONE:		3038309000

	MAIL ADDRESS:	
		STREET 1:		10901 WEST TOLLER DRIVE
		STREET 2:		SUITE 300
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-11-21</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000903571</issuerCik>
        <issuerName>GOLDEN STAR RESOURCES LTD</issuerName>
        <issuerTradingSymbol>GSS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001347869</rptOwnerCik>
            <rptOwnerName>Terrell Michael A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10901 WEST TOLLER DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 300</rptOwnerStreet2>
            <rptOwnerCity>LITTLETON</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80127-6312</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2008-11-21</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>36</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>.58</value>
                    <footnoteId id="F4"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2086</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2008-11-21</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>24</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>.60</value>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2062</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2008-11-21</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>228946</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>.61</value>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">The shares sold were held indirectly through the reporting person's spouse. 2,062 shares continue to be held indirectly by the reporting persons spouse.  The filing of this statement shall not be deemed as an admission that the reporting person is the beneficial owner of any securities not held directly for his account for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.</footnote>
        <footnote id="F2">The shares sold were owned by BlueStar Management, Inc., of which the reporting person is the principal.  The filing of this statement shall not be deemed as an admission that the reporting person was the beneficial owner of any securities not held directly for his account for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.</footnote>
        <footnote id="F3">The price reported represents the weighted average sale price in US$ for sale transactions involving shares directly held by the reporting person, executed in a price range from CDN$0.74 to CDN$0.81 (US$0.58 to US$0.63; (CDN$1.00 = US$.7780)). The reporting person will provide full information regarding the number of shares sold at each separate price to the Commission staff, the issuer or a security holder of the issuer upon request.</footnote>
        <footnote id="F4">The sale price was CDN$0.74; this is the US$ equivalent on the date of the sale (CDN$1.00=US$0.7780)</footnote>
        <footnote id="F5">The sale price was CDN$0.77; this is the US$ equivalent on the date of the sale (CDN$1.00=US$0.7780)</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Michael A. Terrell</signatureName>
        <signatureDate>2008-11-24</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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