Perseus Mining is pleased to provide an update on its recently acquired Nyanzaga Gold Project. HIGHLIGHTS The compulsory acquisition process of the remaining OreCorp shares completed on May 20, 2024 and Perseus now owns 100% of the shares in OreCorp Limited. Perseus is implementing three concurrent work streams, namely implementation of the Resettlement Action Plan, additional drilling of the Nyanzaga mineralisation, and [...]
Perseus Mining is pleased to provide an update on exploration activities and studies completed to date at its Meyas Sands Gold Project. Since acquiring the MSGP in May 2022, Perseus has focussed on the development of the Galat Sufur South deposit, and when possible, has conducted infill resource definition drilling, sterilisation trenching and drilling, a passive seismic survey, hydrogeological, metallurgical, and [...]
Perseus Mining is pleased to advise that Mr Rick Menell has agreed to join the Board of Perseus in the role of non-executive, independent Director and will take up this position with immediate effect. Rick is an eminent South African citizen whose business career has spanned over 40 years and has involved senior leadership roles in a range of major African based resources companies. Trained originally as an exploration [...]
Perseus Mining reports on its activities for the three months' period ended March 31, 2024. Key operating indicators and highlights for the March 2024 quarter include: PERFORMANCE INDICATOR UNIT SEPT 2023 QUARTER DEC 2023 QUARTER MARCH 2024 QUARTER FINANCIAL YEAR 2024 TO DATE Gold recovered Ounces 132,804 128,773 127,471 389,048 Gold poured Ounces 132,717 128,339 128,356 389,412 Production Cost US$/ounce 805 862 923 862 [...]
Perseus Mining Ltd. refers to its off-market takeover bid under Chapter 6 of the Australian Corporations Act for all the current and to be issued ordinary shares in OreCorp Limited. Perseus is pleased to announce that Silvercorp Metals Inc. has accepted the Perseus Offer. Silvercorp's acceptance was for a total of 73,889,007 OreCorp Shares. As at April 9, 2024, Perseus has a relevant interest in 354,982,123 OreCorp Shares [...]
Perseus Mining is hosting an investor webinar and conference call to discuss its March 2024 Quarterly Results, which are anticipated for release around 8:30am AEST on Wednesday April 24, 2024. CALL DETAILS Australia: Wednesday April 24, 2024 Perth - 7:00am Sydney/Melbourne - 9:00am Canada: Tuesday April 23, 2024 Vancouver - 4:00pm Toronto - 7:00pm UK: Wednesday April 24, 2024 London - 12:00am Register for the investor [...]
Perseus Mining refers to its off-market takeover bid under Chapter 6 of the Australian Corporations Act for all the current and to be issued ordinary shares in OreCorp Limited. As at April 5, Perseus has a relevant interest in 239,542,398 OreCorp Shares representing 51.03% of OreCorp Shares on issue. As such, Perseus has declared that the Offer is now: unconditional; and best and final in the absence of a competing [...]
Perseus Mining wishes to advise that its Chief Operating Officer, Mr. David Schummer, has advised that he will resign from the Company with effect from September 30, 2024, to pursue new employment opportunities located closer to his family in North America. Mr. Schummer has agreed to remain in his role with Perseus until the end of September to manage a number of strategic work streams that are currently underway at the [...]
Perseus Mining Ltd. has reported material improvements across all key financial metrics including revenue, EBITDA, profit after tax, operating cash flow and net cash position in its Interim Financial Report for the six months ending Dec 31, 2023. HIGHLIGHTS Revenue increased to US$489.0 million, up 10% on previous corresponding period EBITDA up 18% to US$280.5M on pcp Profit after Tax increased to US$164.7M, up 21% on pcp [...]
Perseus Mining is pleased to provide an update on ongoing exploration activities conducted at and around its two operating gold mines in Côte d'Ivoire. At the Yaouré Gold Mine, exploration drilling continues to demonstrate the down dip potential of the CMA underground Mineral Resource; and adds further confidence in opportunities to expand the Yaouré open pit Mineral Resource. While targeting the continuation of the CMA [...]
Perseus Mining wishes to announce that it has entered into a Cooperation Agreement with Ajlan & Bros Mining & Metals Company, the mining division of a Kingdom of Saudi Arabia based investment conglomerate company, Ajlan Brothers. The binding agreement contemplates that Perseus and ABM will jointly investigate co-investment in projects located both in Saudi Arabia and on the African continent, including projects located in [...]
Perseus Mining is hosting an investor webinar and conference call to discuss its December 2023 Half Year Results, which are anticipated for release around 8:30am AEDT. CALL DETAILS Australia: Friday February 23, 2024 Perth - 6:00am Sydney/Melbourne - 9:00am Canada: Thursday February 22, 2024 Vancouver - 2:00pm Toronto - 5:00pm UK: Thursday February 22, 2024 London - 10:00pm Register for the investor webinar at the link [...]