Perseus is on track to achieve our goal of becoming a 500,000oz per year gold producer by 2022.
Our first mine, the Edikan Gold Mine in Ghana, has produced about 1.8 million ounces of gold since commencing commercial production in 2012. Based on current Ore Reserves, Perseus will recover a further 1.3 million ounces of gold from Edikan over the remaining mine life.
Perseus became a multi-mine, multi-jurisdiction gold producer in January 2018 when it opened its second mine, the Sissingué Gold Mine in Côte d’Ivoire and completed the construction of its third gold mine, the Yaouré Gold Mine, also in Côte d’Ivoire, commencing commercial production in March 2021.
With the acquisition of Orca Gold in May 2022, Perseus now owns 70% of the Block 14 Development Project in northern Sudan, and a 31.4% stake in the Koné Gold Project in Côte d’Ivoire.
Perseus has an experienced and focused board and management team with a track record of delivering on promises, maximising cash flow to improve shareholder returns, and providing capital growth for shareholders through exploration success and judicious acquisitions.
Multi-mine multi-jurisdictional African gold producer, developer and explorer
2021 Financial Year gold production of 328,632 ounces at AISC US$1,016/oz
FY21 Operating CashflowUS$302M
2021 Declared Maiden Dividend and sustainable dividend policy
US$426M Total FY21 Economic Contribution to our host countries
>95% Local employment within countries of operation and strong "licence to operate"
Perseus Mining is focused on discovering, acquiring and developing a portfolio of good quality gold producing assets in Africa. Perseus currently operates three gold mines: Edikan in Ghana, and Sissingué and Yaouré in Côte d’Ivoire.
Gold production will progressively increase to more than 500,000 ounces per annum by 2022.