494,014 oz/gold

FY22 TOTAL GROUP PRODUCTION

US$952

FY22 AISC

5.1 million oz/gold

M&I RESOURCES

3.3 million oz/gold

P&P Reserves

Our Operations

Perseus Mining currently operates three gold mines in Africa: Edikan in Ghana, and Sissingué and Yaouré in Côte d’Ivoire, and owns the Block 14 Development Project in Sudan.

Gold production is on track to reach more than 500,000 ounces per annum in 2022.

Perseus is focused on discovering, acquiring and developing a portfolio of good quality gold producing assets in Africa.

Quality management, a strong safety culture and excellent social licence are critical to our success.

Group gold production for financial year 2022 totalled 494,014 ounces at a weighted average All-in Site Cost (AISC) of US$952 per ounce.

At 30 June 2022, Perseus’s global Ore Reserves totalled 3.3 million ounces of gold while M&I Resources included 5.1 million ounces of gold.

Perseus’s business growth activities are focused on extending the Company’s Ore Reserve inventory at and around our existing operations in Ghana and Cote d’Ivoire, developing the Block 14 Project in Sudan as well as discovering new development opportunities elsewhere in Africa.

 

Edikan

Ghana

Edikan Gold Mine in Ghana was Perseus’s first mine, achieving commercial production in January 2012. Since pouring first gold in late 2011, Edikan Gold Mine has produced more than 1.9 million ounces of gold. Based on currently defined Ore Reserves, Perseus will continue mining at Edikan until FY2027.

Sissingué

CÔTE D’IVOIRE

Sissingué Gold Mine was developed ahead of time and on budget in 2018. Its higher-grade gold ore is sourced from one main open pit and several smaller satellite open pits. Sissingué has produced more than 400,000 ounces of gold to date. Perseus will materially extend the life of the very efficient Sissingué operation by processing material from the satellite deposits at Fimbiasso and Bagoé.

Yaouré

CÔTE D’IVOIRE

Yaouré Gold Mine poured first gold in December 2020, becoming Perseus’s third operation. In FY22, it produced nearly 300,000oz gold at an AISC of US$668/oz. Perseus’s business growth team has identified some highly encouraging nearby exploration targets for follow up with the expectation of delineating sufficient additional mineable Resources to materially extend the current 8+ year mine life of Yaouré.

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