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Perseus Mining reports 'another excellent quarter' with production up and costs down

Perseus Mining Ltd's (ASX:PRU) (TSE:PRU) (FRA:P4Q) (OTCMKTS:PMNXF) Jeff Quartermaine tells Proactive it's been 'another excellent quarter' for the group.

"Production's up about 3% and costs down about 7% quarter on quarter.

"This is the 11th consecutive quarter that we've produced very solidly in-line with our expectations and in-line with what we've told the market.

"We're consistently producing on target and we're gradually bringing our cost base down."

Quick facts: Perseus Mining Ltd

Price: 1.4 AUD

ASX:PRU
Market: ASX
Market Cap: $1.72 billion
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Perseus Mining reports "outstanding" year in FY20 with EBITDA up 67%

Perseus Mining Limited (ASX:PRU) (TSE:PRU) (OTCMKTS:PMNXF) has returned financial results described as "outstanding" in the 2020 financial year with EBITDA of $274 million, which was 67% higher than the previous year. Managing director and CEO Jeff Quartermaine told Proactive that it had been...

on 25/8/20

2 min read