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Perseus Mining Announces Half Year Financial Results Overview

20 Feb 2020  |  08:37:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Half Year Financial Results Overview

Perseus Mining produced a total of 134,980 OZ of gold in the December 2019 Half Year, 4% less than in the corresponding six-month period in 2018, following the implementation of an optimised mine plan at the Edikan Gold Mine in Ghana from 1 January 2019. In the same period, the weighted average all-in site costs, including the costs of production, royalties and sustaining capital, decreased by 6% relative to the December 2018 half year, averaging US$942 per OZ of gold produced. The Company's NPAT of $30.4m or 2.6cps attributable to the owners of the parent company, materially exceeded the NPAT of $10.4m or 1.0cps earned in the previous corresponding half year.

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