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Perseus Mining Limited (ASX:PRU)

ALERT: Price-sensitive ASX Announcement for PRU
Current share price for PRU : $4.940 -0.65 (-11.63%)+
Announcement
Release
23 Apr 2026 8:14AM
Price at Release
$5.590
Full Release
download
Summary
The March 2026 Quarter Report for Perseus Mining Limited highlights a strong operational performance across its three gold mines: Yaouré and Sissingué in Côte d’Ivoire, and Edikan in Ghana. The company produced 107,144 ounces of gold at an All-In Site Cost (AISC) of US$1,748 per ounce, which is a 21% increase in production from the previous quarter. The average cash margin was US$2,395 per ounce, resulting in a notional operating cashflow of US$252 million. Cash and bullion rose to US$817 million. The Nyanzaga Gold Project in Tanzania is on schedule, with first gold production expected in January 2027, and the project's ore reserves increased by 73% to 4.0Moz. Perseus also reported the successful first gold production from the CMA Underground at Yaouré and made further investments by acquiring a 9.9% interest in Aurum Resources Limited. Guidance for FY26 remains unchanged, targeting production between 400,000 and 440,000 ounces at an AISC of US$1,600 to US$1,760 per ounce.
Key Points
  • Q3 FY26 production totaled 107,144 ounces of gold
  • All-In Site Costs were US$1,748 per ounce
  • Average cash margin was US$2,395 per ounce
  • Notional operating cashflow was US$252 million
  • Cash and bullion increased to US$817 million
  • First gold produced from CMA Underground at Yaouré
  • Nyanzaga ore reserves increased 73% to 4.0Moz
  • Nyanzaga project on track for January 2027 production
  • Acquisition of a 9.9% interest in Aurum Resources Limited
  • FY26 guidance remains unchanged
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.