(NewsDirect)
Perseus Mining Ltd(ASX:PRU, TSX:PRU, OTC:PMNXF) managing director and CEO JeffQuartermaine talks Proactive through the company’s key operatinghighlights for the June quarter and full 2023 financial year.
Quarterly goldproduction came in at 136,634 ounces. Gold production and all insustaining costs significantly outperformed market production and costguidance for the June 2023 half year and 2023 financial year.
Meanwhile, quarterlygold sales of 140,533 ounces were up 4% on the March 2023quarter.
Thecompany also reported robust quarterly cashflows, strengthening itsnet cash and bullion balance by US$51 million.
At the end of thequarter, Perseus held US$522 million in cash and bullion with zerodebt.
In addition,Perseus’ total economic contribution to its host countries of Ghana,Côte d’Ivoire and Sudan was roughly US$158 million, representingroughy 58% of revenue during the three-month period.
Some of the quarter’s organic growthactivities included mineral resource drill outs and feasibilitystudies for Yaouré’s CMA Underground Project, which are progressingon schedule.
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Proactive Investors
JonathanJackson
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jonathan@proactiveinvestors.com
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