Key Highlights

  • Perseus Mining (ASX:PRU) traded at A$6.265 during the 6 November 2026 session, down 0.71%, the smallest fall among the stocks in this series.
  • The September 2026 quarter report of 27 October 2026 reported 92,551 oz of gold at an AISC of US$2,035 per ounce.
  • Cash and bullion of US$900 million was reported, with liquid listed securities valued at US$338 million.

Perseus Mining (ASX:PRU) shares were quoted at A$6.265 during the 6 November 2026 session, down 0.71%. Over the same session the S&P/ASX 300 Metal & Mining index (XMM) fell 2.92% to 7,699.50, and the S&P/ASX 200 (XJO) was down 0.49% at 9,020.80. The share price move is not linked to the September 2026 quarter report dated 27 October 2026. Perseus is an ASX-listed gold producer with operations in West Africa, including Yaoure in Côte d'Ivoire and the Nyanzaga project in Tanzania.

Latest Developments

September 2026 Quarter Report (released 27 October 2026)

Perseus said Q1 FY27 group production of 92,551 oz exceeded its plan, at an All-In Site Cost of US$2,035 per ounce. The average cash Margin was US$1,846 per ounce, delivering notional Operating Cash Flow of US$171 million. The group TRIFR was 1.01, and the Nyanzaga project recorded 10.9 million worked hours without a lost time injury.

The company reported cash and bullion of US$900 million, plus liquid listed securities valued at US$338 million. It said the Yaoure CMA underground mine had achieved commercial production.

Nyanzaga Progress and FY27 Outlook

The company said Nyanzaga had reached 88.4% overall project progress, with development on track for first production by January 2027. Perseus said it remained on track for FY27 production of 420,000 to 480,000 oz at an all-in site cost of US$1,835 to US$2,070 per ounce.

About the Company

Perseus Mining is an ASX-listed gold producer. Its Quarterly Report describes a multi-country portfolio and reports its results in US dollars, with production, cost and cash metrics for each operation. The company's chairman and chief executive are named in its report.

Business Overview

Perseus operates gold mines in West Africa and is developing the Nyanzaga project in Tanzania. The company's Yaoure operation in Côte d'Ivoire includes a newly commissioned underground mine. Its cash and listed securities position is reported in US dollars.

Sector Context

Perseus's results depend on the gold price and on operating costs in US dollars. On 6 November 2026 the S&P/ASX 300 Metal & Mining Index (XMM) fell 2.92% to 7,699.50, and the materials index fell 2.51%. The session data also pointed to weakness in international markets overnight, with gold quoted at US$4,076.20 (down 0.91%) and copper at US$13,777.00 (down 0.18%).

Risks to Watch

The report notes the need to keep operations safe and on plan across several countries. Project delivery at Nyanzaga, political and operating conditions in West Africa, gold price movements and currency exchange are areas that could affect future results.

Catalysts on Watch

Investors may follow Nyanzaga's progress toward first production by January 2027, the ramp-up of Yaoure underground, delivery against FY27 guidance and the company's next quarterly report.

Final Takeaways

Perseus Mining (ASX:PRU) traded slightly lower on 6 November 2026, during a session that weighed on the gold and resources sector. Its September 2026 quarter report, released on 27 October 2026, reported production above plan, cash of US$900 million and progress at Nyanzaga. The full report includes operational and financial tables for readers who want more detail.