logo-loader
viewPerseus Mining Ltd

Perseus Mining reveals increasing production and decreasing costs in Quarterly Report

Perseus Mining Limited (ASX:PRU) (TSX:PRU) chief executive Jeff Quartermaine tells Proactive Investors all the highlights contained in the gold producer's just-released Quarterly Report.

Quartermaine says the report, "validates that the strategy that we've been employing for some time to transform from being a single-mine producer to a multi-mine producer is working very well, and we're delivering excellent outcomes as a result."

Record production has been recorded on a quarterly, half-yearly and annual basis, whilst costs have been "dropping very significantly," according to Quartermaine.

The company is in a strong cash-positive position.

Perseus is progressing well towards its stated goal of producing 500,000 ounces of gold annually from three operating mines in West Africa in the next few years.

Quick facts: Perseus Mining Ltd

Price: 1.265 AUD

ASX:PRU
Market: ASX
Market Cap: $1.48 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Perseus Mining Ltd named herein, including the promotion by the Company of Perseus Mining Ltd in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Perseus Mining registers golden half-year with net profit after tax up 193%

Perseus Mining Limited (ASX:PRU) (TSE:PRU) (OTCMKTS:PMNXF) CEO and managing director Jeff Quartermaine updates Proactive on the West African gold producer’s strong half yearly performance. The company produced almost 135,000 ounces of gold at around US$942 an ounce resulting in the generation...

5 days, 14 hours ago

2 min read