Perseus Mining Limited (AU:PRU) has released an update.
Perseus Mining Limited reported a gold production of 127,471 ounces for the March 2024 quarter, with a total of 389,048 ounces for the financial year to date. Despite a slight rise in the All-In Site Costs (AISC) to US$1,091 per ounce, the company enjoyed an increase in the average gold sales price to US$2,025 per ounce and maintained a robust notional operating cashflow of US$119 million for the quarter. With zero debt and significant cash and bullion reserves, Perseus Mining solidifies its position as a competitive mid-tier gold producer.
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