Perseus increased annual gold production to 535,281oz at an all-in site cost of US$959/oz in FY23.
Our first mine, the Edikan Gold Mine in Ghana, has produced more than 2 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. Its third gold mine, the Yaouré Gold Mine, also in Côte d’Ivoire, commenced commercial production in March 2021.
With the acquisition of Orca Gold in May 2022, Perseus now owns 70% of the Meyas Sand Gold Project (formerly known as Block 14) in northern Sudan.
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
2023 Fiscal Year gold production of 535,281 ounces at US$959/oz AISC
FY23 Notional Cashflow ofUS$452M
FY23 Total Dividends of 3.54 cents per share - A$48 million returned to Shareholders
~US$537M Total FY23 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.
Perseus produced 535,281oz gold at an ASIC of US$959/oz for the Financial Year ending 30 June 2023, outperforming both production and cost guidance.