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Perseus Mining reports 'another excellent quarter' with production up and costs down

Perseus Mining Ltd's (ASX:PRU) (TSE:PRU) (FRA:P4Q) (OTCMKTS:PMNXF) Jeff Quartermaine tells Proactive it's been 'another excellent quarter' for the group.

"Production's up about 3% and costs down about 7% quarter on quarter.

"This is the 11th consecutive quarter that we've produced very solidly in-line with our expectations and in-line with what we've told the market.

"We're consistently producing on target and we're gradually bringing our cost base down."

Quick facts: Perseus Mining Ltd

Price: 1.295 AUD

ASX:PRU
Market: ASX
Market Cap: $1.51 billion
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Perseus Mining outlines positive quarter with strong cashflows

Perseus Mining Limited (ASX:PRU) (TSE:PRU) (OTCMKTS:PMNXF) is weathering the COVID-19 storm well with its West African gold operations continuing to deliver strong cashflow for the company. Managing director and CEO Jeff Quartermaine discusses the quarterly results with Proactive and says...

on 28/4/20

2 min read