Perseus Mining Limited reposted this
Perseus Mining Limited (ASX:PRU, TSX:PRU, OTC:PMNXF) has outlined key achievements and strategic initiatives in its latest annual report, released today, which reflects a year of financial growth, expanded exploration horizons and enhanced partnerships. The company says it delivered record financial results in the reporting period. Gold production remained strong, with more than 500,000 ounces per annum achieved for the fourth consecutive year, amounting to 509,977 ounces in FY24. The all-in site cost (AISC) was US$1,053 per ounce, while the average sale price per ounce increased to US$2,014, marking an 11.7% rise from FY23. As a result, Perseus recorded a notional cash flow of US$490 million, an 8.4% increase from the previous year. The company’s cash and bullion holdings rose to US$587 million, up 12.5% year-on-year, with zero debt and a US$300 million undrawn facility. More at #Proactive #ProactiveInvestors #ASX #PRU #Gold #Mining #Africa #PreciousMetals http://ow.ly/k7UF105GU8C