Perseus has achieved important milestones as we work towards becoming a 500,000oz per year gold producer by 2022.
The Edikan Gold Mine in Ghana, has produced about 200,000 ounces of gold per year since 2012. Over the next four years, Edikan’s production is expected to increase to 230,000oz+ per year.
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. Perseus commenced construction of its third gold mine at the Yaouré Gold Mine, also in Côte d’Ivoire, in May 2019.
Its growth strategy aims to transform the Company into a 500,000-ounce per year gold producer with three operating mines in West Africa by 2022.
Perseus has an experienced and focused board and management team with a track record of maximising cash flow to improve shareholder returns, while providing growth through exploration success.
Yaouré Gold Mine
Yaouré is located in central Côte d’Ivoire, 40 km northwest of Yamoussoukro, the political capital, 270 km northwest of Abidjan, the economic capital of Côte d’Ivoire. Yaouré lies within a rural area, 22 km east-northeast of the city of Bouaflé, 5 km west of the Kossou dam and hydroelectric power station.
West African gold producer
2019 Financial Year gold production of 271,824 ounces at AISC US$960/oz
Cash and bullion US$162M as at 31 March 2020
Sissingué Gold Mine developed ahead of time and on budget, January 2018
Yaouré Gold Mine development commenced and fully funded. First gold expected December 2020
95.7% Local employment within countries of operation
Perseus is committed to sustainably. It is an integral part of our mining strategy and key to our success. Our focus on value creation for all our stakeholders lays the foundation for our approach to OHS Performance, Environmental Performance and Social Development.