Perseus Mining on track to meet FY21 gold guidance, according to Citi Research and Credit Suisse
Production at the Yaouré mine ramped up in the March quarter and the company is confident of achieving its 2H guidance of 175-190,000 ounces at US$950-1150/ounce.
An updated Yaouré DFS is anticipated by the end of June.
Perseus Mining Ltd (ASX:PRU) (TSE:PRU) (OTCMKTS:PMNXF) (FRA:P4Q) enjoyed a productive March quarter and looks set to meet FY21 gold guidance according to a report by Citi Research analyst Kate McCutcheon.
McCutcheon said the company’s new mine Yaouré had ramped up faster than Citi expected.