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Perseus Mining Ltd

Perseus Mining to 'comfortably' achieve half-year guidance after strong March quarter

Perseus Mining Limited (ASX:PRU) chief executive officer Jeff Quartermaine updates Proactive Investors on the gold producer's March quarter which saw the company progress towards generating free cashflow from its operations.
 
"It's been a very busy and productive quarter for us at Perseus ... we've been generating gold in line with our expectations and our costs are coming down," says Quartermaine.
 
He continues, "We've put ourselves into a position where we're comfortably going to achieve our guidance for the half year, in terms of production and costs."
 
Most of Perseus' quarterly gold production (66.5%) came from its Edikan mine in Ghana with the remaining 33.5% produced at its Sissingué mine in Côte d’Ivoire.

Quick facts: Perseus Mining Ltd

Price: $0.76

Market: ASX
Market Cap: $881.83 m
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Perseus Mining highlights golden milestones for June quarter

Perseus Mining managing director and CEO Jeff Quartermaine speaks to Proactive Investors about the latest quarterly update with gold production reaching more than 64,000 ounces. “This has meant half yearly production figures of 131,269 ounces are well above the guidance range we gave to...

on 17/7/19

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