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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.

 
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