Perseus Mining Ltd
Company Profile
Business description
Perseus is an Australia-based gold miner. It sold around 510,000 ounces of gold in fiscal 2024 from its three majority-owned mines in West Africa. Founded in 2004, Perseus bought all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 70%-owned Meyas Sand gold project in Sudan in 2022 and its 80%-owned Nyanzaga gold developmemt in Tanzania in fiscal 2024. Excluding Meyas Sand, where development is on hold due to armed conflict in Sudan, it had about a decade of reserves at end fiscal 2025. We forecast it sells about 510,000 ounces of gold in fiscal 2030.
Contact
437 Roberts Road
Level 2
Subiaco
PerthWA6008
AUST: +61 861441700
Sector
Basic Materials
Stock type
Cyclical
Industry
Gold
Fiscal Year End
30 June 2026
Employees
1,100
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