Perseus Mining Gold Production Rises 9% in December 2024 Quarter; Shares Up 4%

MT Newswires Live

Jan 29

Perseus Mining (ASX:PRU) reported group gold production of 132,419 ounces at an all-in-site cost of $1,127 per ounce for the December 2024 quarter, according to a Wednesday Australian bourse filing.

Gold production rose by 9% compared to the previous quarter when it produced 121,290 ounces.

Average gold sales increased 20% quarter-over-quarter to 136,623 ounces at average gold sales prices of $2,430 per ounce. It reported sales of 108,895 ounces in the September 2024 quarter.

The miner reported full-year 2025 gold production guidance of 469,709 ounces to 504,709 ounces at an all-in-sustaining cost of $1,250 per ounce to $1,280 per ounce.

The company's shares were up almost 4% in recent Wednesday trade.

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