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

Published: 22:21 20 Oct 2019 BST

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."

Perseus Mining welcomes record FY23 financial performance

Perseus Mining Ltd (ASX:PRU, TSX:PRU, OTC:PMNXF) CFO Lee-Anne de Bruin talks Proactive through the company’s FY23 highlights. PRU reported revenue of $1.426 billion (up 27%) , EBITDA of $821.3 million (up 46%) and profit before tax of $568.8 million (up 103%). She says the results reflect the...

on 31/8/23