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Perseus Mining Provides December 2019 Quarterly Report

16 Jan 2020  |  08:29:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: December quarterly report

Perseus Mining provided December 2019 quarterly report. During the December 2019 quarter, 20,905oz of gold were produced at Sissingue at a production cost of US$694/oz and an AISC of US$793/oz. At 31 December 2019, its working capital totalled A$119.5m, a decrease of A$28.7m relative to the 30 September 2019 balance (A$148.2m). This is in line with expected payment outflows for the construction of Yaoure. At the end of the quarter, gold forward sales contracts were in place for 216,267oz of gold at a weighted average sales price of US$1,309/oz.

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