$PRU.TO

Perseus Mining Expands Share Buyback to A$150 Million

Perseus Mining (PRU.TO) has approved an increase of A$50 million to an active on-market share buyback program to a total of $150 million, the company said on Monday.This comes after the company reached $100 million of the original $100 million share buyback, announced in August 2025. Under the buyback, Perseus has purchased about 19.1 million shares at an average price of $5.24 per share.Since the inception of the share buyback programs in August 2024, Perseus has purchased a total of 45.1 million shares amounting to $183.5 million at an average price of $4.07 per share.The timing, volume and exact pricing of share repurchases will depend entirely on prevailing market conditions and share price levels.

Perseus Mining Completes First Underground Production Blast at CMA Project

Perseus Mining (PRU.TO) has completed the first underground production blast at its CMA Underground project, marking the continuation of the project's ramp up toward steady-state production scheduled for the third quarter of fiscal 2027, the company said Tuesday.The blast was fired from the Yaoure Gold Mine in Cote d'Ivoire, with excavation of the first production ore commenced immediately.The CMA Underground mine is both the first mechanized underground mine in Cote d'Ivoire and the first for Perseus."The first production blast is a defining moment for Perseus and Cote d'Ivoire, representing the culmination of many months of intensive underground development, drilling and infrastructure installation," said Craig Jones, managing director and chief executive officer of Perseus.

Perseus Mining's Fiscal Q3 Gold Production Falls YoY

Perseus Mining (PRU.TO) on Thursday reported a year-over year decline in gold production in the fiscal third quarter.Gold production was 107,144 ounces, down from 121,605 ounces. Gold poured was 109,382 ounces, also down from 122,915 ounces.The company sold 96,260 ounces of gold, down from 117,585 ounces.However, average sales price jumped to US$4,143/ounce from $2,462/ounce.Production guidance for fiscal year 2026 remains unchanged at 400,000 to 440,000 ounces, the company said.

Perseus Provided Operational Performance Update