LSE:0TXW - Perseus Mining Ltd PERSEUS MINING LTD
Sector: Unknown, Industry: Unknown
Next Earnings: 29 Aug 2024
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AUD 1.5602    +0.05 (+3.32%)

15 Dec 2021


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General

CEO: Mr. Jeffrey Allan Quartermaine BE (Civil), FCPA, MBA

Headquarters: UK

Employees: 0

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Description

Perseus Mining in an Australian-based gold miner. It sold around 540,000 ounces of gold in fiscal 2023 from its three majority-owned mines in West Africa. Founded in 2004, Perseus purchased all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 70%-owned Meyas Sand gold project in Sudan in 2022. Excluding Meyas Sand, where development is on hold due to armed conflict in Sudan, the company had about five years of reserves at the end of fiscal 2023.

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