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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 that every effort is being applied to maintain “business as usual”.

The potential for challenges associated with COVID-19 in the June 2020 quarter has resulted in Perseus withdrawing production and cost guidance for the half-year and full-year ending June 30, 2020. 

Quick facts: Perseus Mining Ltd

Price: 1.465 AUD

ASX:PRU
Market: ASX
Market Cap: $1.72 billion
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Perseus Mining acquiring fellow West African gold company Exore Resources

Perseus Mining Limited (ASX:PRU) (TSE:PRU) (OTCMKTS:PMNXF) and the board of Exore Resources Ltd (ASX:ERX) (OTCMKTS:NLIOF) have agreed to an arrangement whereby Perseus will acquire 100% of Exore by way of a scheme of arrangement, subject to shareholder approval and court approval. Perseus...

on 4/6/20

2 min read