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Update: Perseus Mining's Ivory Coast Project Advances to Steady-State Operations; Shares Fall 3%

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(Updates with the stock movement in the headline and last paragraph)

Perseus Mining's (ASX:PRU) CMA underground project in the Ivory Coast continued to advance toward steady-state operations, according to a Friday filing with the Australian bourse.

A development record of 1,598 meters was achieved during the third quarter of fiscal 2026, and 2,862 meters of underground development was completed to the end of April, the filing said.

Total ore mined to the end of April was 53,058 tonnes, with a third jumbo expected to be mobilized to increase future ore delivery, per the filing.

Perseus Mining shares fell 3% in recent Friday trade.

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