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Perseus Mining releases video update for Yaouré gold mine

Yaouré will be the company’s third gold mine and integral to growing production to 500,000 ounces per annum by FY2022.

Perseus Mining Ltd - Perseus Mining releases video update for Yaouré gold mine
Shares have more than tripled over the past 12 months, last trading at $1.16

Perseus Mining Ltd (ASX:PRU) has released a video update for its proposed third gold mine, the Yaouré Gold Mine in Côte d'Ivoire.

The three minute video shows drone footage of the mine site under construction in January 2020.

Perseus achieved gold production of 69,155 ounces in the December quarter for 134,980 ounces in the half at an all-in sustaining cost (AISC) of US$942 per ounce.

Gold is produced from the Edikan mine in Ghana and Sissingué mine in Côte d'Ivoire.

The half-year production was at the top end of the guided production range of 120-140,000 ounces and costs also were comfortably within the guided cost range of US$850-1,000 per ounce.

The company maintained its full-year guidance ending June 30 2020 of 275-295,000 ounces of gold at an AISC of US$850-950 per ounce.

Quick facts: Perseus Mining Ltd

Price: 1.525 AUD

Market: ASX
Market Cap: $1.8 billion

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