Perseus Mining chalks improvements in sustainable development as it races towards 500,000 ounces of annual gold production by 2022
Highlights of the report include zero fatalities in the history of the company and significant benefits for its host countries, including 96% of its employees coming from Ghana and Côte d’Ivoire. A new director will be appointed before the end of the financial year to enhance the sustainability skills of the board
Perseus Mining Ltd (ASX:PRU) (TSX:PRU) (OTCMKTS:PMNXF) (FRA:P4Q) has recorded great progress in its 2020 sustainability report as it moves forward in delivering sustainable gold production of 500,000 ounces per annum by financial year 2022.
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.
Perseus Mining reports 29% boost to quarterly production as Yaouré hits commercial production
Perseus Mining Ltd s (ASX:PRU) (TSE:PRU) (OTCMKTS:PMNXF) (FRA:P4Q) managing director and CEO Jeff Quartermaine talks Proactive s Andrew Scott through its March quarterly report. Among the highlights was the successful completion of commissioning at the Yaouré gold mine with commercial production formally declared on 31 March 2021. The Group’s quarterly gold production of 88,458 ounces increased 29% from the December Quarter, AISC for the quarter was US$999 per ounce, a 3.5% decrease from the previous quarter, while quarterly gold sales increased 31% to 87,215 ounces.
Quick facts: Perseus Mining Ltd
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Perseus Mining annual golden goal of 500,000 ounces tracking “exceptionally well”
The company has released its March quarterly report, which showed solid increases in both gold production and sales. There was a 29% increase in gold production and a nearly 4% decrease in all-in site costs.
Perseus Mining Ltd (ASX:PRU) (TSE:PRU) (OTCMKTS:PMNXF) (FRA:P4Q) is on track to meet its target of producing 500,000 ounces of gold per annum, following a strong March quarter in which its second Cote d’Ivoire mine began commercial production.
The company reported a 31% increase in gold sales on the previous quarter, a 29% increase in gold production and a nearly 4% decrease in all-in site costs (AISC).