Company
Perseus Mining Ltd
ASX:PRU
Perseus Mining Ltd (PRU:ASX) operates three gold mines in Africa: Edikan in Ghana, Sissingué and Yaouré in Côte d’Ivoire. The company acquired Orca Gold and now owns 70% of the Meyas Sand Gold Project in Sudan (formerly 'Block 14 Development Project').
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Perseus Mining declares maiden 259,000-ounce underground reserve at Yaouré
The reserve will support the initial stages of mining of the CMA orebody by underground methods beneath the existing CMA open pit.
Perseus Mining delivers record performance in FY2022
“This ensures that going forward, we can continue to return capital to our shareholders and also continue to fund the strong growth that Perseus has enjoyed in recent years," MD and CEO Jeff Quartermaine said of the strong balance sheet.
Perseus Mining enhances Yaouré gold bounty with maiden CMA underground reserve
“Having attained the goal of producing gold at a rate of 500,000 ounces per year across our three gold mines, we are now working to maintain, and where possible, exceed that level of production over the next decade and beyond,” said MD/CEO
Perseus Mining set to extend Edikan life with new Nkosuo gold resources
A feasibility study has outlined ore reserves of 10 million tonnes grading 1.04 g/t gold for 332,000 ounces at the deposit, which is just seven kilometres from the Edikan operations.
Perseus Mining acquires all outstanding Orca Gold shares, obtaining 70% interest in Block 14 Gold Project in the process
Perseus has now acquired all shares in Orca Gold, clearing the way to secure a 70% interest in the Block 14 Gold Project in Sudan while also gaining a 31% interest in Montage Gold Corp, another gold-focused company with three projects in We
Perseus Mining moves step closer to finalising Orca Gold acquisition
Perseus has been working closely with Orca management over the last few months, to plan the integration of the two companies and enable the development of Orca's Block 14 Gold Project in Sudan, which they plan to action as soon as possible.
Perseus Mining continues to lead the pack with low CAIC per ounce: Euroz Hartleys
The company is focused on discovering, acquiring and developing a portfolio of quality gold producing assets in Africa.
Perseus Mining progresses Orca Gold acquisition integration as it awaits final shareholder approval
Perseus is working closely with Orca's management team to expedite the integration of the two companies and begin development of the Block 14 Gold Project as soon as possible.
Perseus Mining one step closer to Nkosuo resource thanks to golden drilling results
“The drilling program at Nkosuo has returned impressive results that demonstrate that the deposit has the potential to materially add to Edikan’s mine life,” says CEO & MD.
Perseus Mining unearths more high-grade gold at Yaouré Mine in Côte d’Ivoire
“Having reached our goal of producing gold at a rate of 500,000oz per year across our three gold mines, we are now working to maintain that level of production over the next decade and beyond,” says MD.
Perseus Mining updates Sissingué life of mine plan, production extended to March 2026
“The Sissingué Gold Mine has been an important part of Perseus’ geopolitically diversified asset portfolio since commencing commercial production in 2018 with an estimated 4.5-year mine life. Since then, the mine has consistently produced g
Perseus Mining moves to acquire Orca Gold; investment research firms upgrade or maintain target price
“Overall, we think the deal makes sense from risk-reward and PRU is accustomed to constructing new mines in West Africa. Exposure to West Africa, outside Ghana in particular, may not be for all investors and our Buy rating on PRU accordingl
Perseus Mining to buy remaining 85% stake in Orca Gold for C$198 million in shares
"When the transaction is completed, Perseus will have three operating mines currently producing gold at around 500,000 ounces per year and a high-quality development project, that if brought on stream, should ensure that Perseus can maintai
Perseus Mining boosts half-year revenue 90%, achieves annual gold production target of 500,000 ounces
“With three gold mines in operation, we are now producing gold at our targeted rate of approximately 500,000 ounces of gold per year, and with excellent drill results coming from our organic growth programs we are confident of at least main
Perseus Mining set to generate increased free cash flow in 2022: Cormark Securities
The company's three operating gold mines, Yaouré and Sissingué in Côte d’Ivoire, and Edikan in Ghana have combined to produce a total of 128,378 ounces of gold in the December 2021 quarter.
Perseus Mining on track to produce more than 500,000 ounces of gold at a margin of US$400+ per ounce in FY2022
Combined gold sales from three operating gold mines totalled 130,486 ounces in the December 2021 quarter, 21% more than last quarter.
Perseus Mining's high-grade Yaouré Gold Mine results point to potential added resources
Perseus will use the results to upgrade the CMA Underground inferred mineral resource estimate to indicated status, enabling a PFS for an underground mining operation to be completed by late June 2022, including an initial ore reserve estim