Perseus Mining (ASX: PRU) pursues business growth through both organic and inorganic means.

Tue 31 Oct 23, 01:17 PM | Team Kalkine

Image source: shutterstock.com

Highlights

Perseus Mining Limited (ASX: PRU) is an ASX-listed metals and mining company which operates three gold mines in Africa and also manages a Meyas Sand Gold Project in Sudan. The gold-producing firm shared that in the financial year 2022 (FY22), its annual gold production was over 500,000, and in FY23, it increased to over 535,000 ounces.

During the financial year 2023 (FY23), the company registered a 70% YoY rise in profit after tax and 27% YoY increase in revenue to AUD 1.43 billion. Increased gold prices and production drove this revenue growth. At the Edikan mine, production increased, and at Yaoure, sustainable performance was reported.

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