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8 stories mentioning ASX:PRUUpdated 5d ago

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Asia

Perseus Mining's June Quarter Gold Production, Sales Falls

Perseus Mining (ASX:PRU) reported gold production of 109,013 ounces and gold sales of 114,567 ounces for the June quarter, according to a Thursday Australian bourse filing.The gold was produced at an all-in sustaining cost (AISC) of $1,941 per ounce and sold at an average sale price of $4,086 per ounce during the quarter, the filing said.The company produced 121,237 ounces of gold at an AISC of $1,417 per ounce and sold 131,242 ounces of gold at an average sales price of $2,977 an ounce during the June 2025 quarter, an earlier filing showed.The company expects fiscal year 2027 gold production to range between 420,000 and 480,000 ounces, with AISC projected at $1,835 to $2,070 per ounce.

ASX:PRU
Asia

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

(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.

ASX:PRU
Asia

Perseus Mining's Ivory Coast Project Advances to Steady-State Operations

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.

ASX:PRU
Asia

Perseus Mining Appoints COO

Perseus Mining (ASX:PRU) appointed Wade Bickley as chief operating officer, effective June 1, according to a Friday filing with the Australian bourse.Bickley was previously general manager at Obuasi Mine in Ghana for AngloGold Ashanti.

ASX:PRU
Asia

Perseus Mining Completes First Underground Production Blast at Ivory Coast Project

Perseus Mining (ASX:PRU) completed the initial underground production blast at its CMA underground project in the Ivory Coast, with excavation of the first production ore starting immediately, according to a Tuesday filing with the Australian bourse.The move is part of the project's ramp-up towards steady-state production, which is slated for the third quarter of fiscal 2027, the filing said.

ASX:PRU
Asia

Perseus Mining's Solid Q3, Royalties Prompt Upgrade to Annual Production Forecast, Says Euroz Hartleys

Perseus Mining (ASX:PRU) reported strong third-quarter gold production, supported by solid performance across all three operations and lower unit costs due to higher volumes, Euroz Hartleys said in a note on Thursday, prompting an upgrade to its annual production forecast for the company.The investment firm raised its fiscal 2026 gold production estimates by 3% to 405,000 ounces, citing increased royalties in Ivory coast and Ghana.The miner posted third-quarter gold production of 107,000 ounces, broadly in line with Euroz Hartleys' expectation of 108,000 ounces, with improved margins driven by a higher gold price.The brokerage reaffirmed a buy rating and lifted its price target to AU$6.85 from AU$6.60.

ASX:PRU
Asia

Perseus Mining Posts Lower Fiscal Q3 Gold Production, Completes Sale of Interest in Sudan Project

Perseus Mining (ASX:PRU) said fiscal third-quarter production totaled 107,144 ounces of gold at all-in site costs (AISC) of $1,748 per ounce, with gold sales of 96,260 ounces at an average sales price of $4,143 per ounce, according to a Thursday Australian bourse filing.The company's third-quarter fiscal 2025 gold production was 121,605 ounces at an AISC of $1,209 per ounce, while gold sales were 117,585 ounces for an average sales price of $2,462 per ounce, an earlier filing showed.The company reaffirmed its fiscal 2026 production guidance of 400,000 to 440,000 ounces at an AISC of $1,600 to $1,760 per ounce.Perseus completed the sale of its 70% group interest in the Meyas Sand Gold Project in Sudan for $260 million in cash, the filing added.

ASX:PRU
Asia

Asara Resources Appoints Non-Executive Chair

Asara Resources (ASX:AS1) appointed Jeff Quartermaine as non-executive chair, effective immediately, according to a Tuesday Australian bourse filing.Quartermaine will succeed Brett Montgomery, who will transition into the role of non-executive director, the filing said.Quartermaine most recently served as chief executive of Perseus Mining (ASX:PRU), the filing added.

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