Africa-focused gold miner Perseus ups gold production 50% to 494,014 ounces in FY2022 kitconews gold silver mining economics metals finance investing
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The company said that its FY2022 gold production was in upper half of market guidance range of between 471,164 and 506,164 ounces, notwithstanding a 19-day preventative maintenance shut at Edikan in the June 2022 quarter. The company added that its strong operating performance is forecast to continue with market guidance for the December 2022 Half Year of 240,000 to 265,000 ounces produced at an AISC of US$1,000 to US$1,100 per ounce.
Perseus pointed out that the company’s business growth activities delivered excellent results, with a material increase in Perseus’s ore reserves inventory and mine lives at Edikan and potentially, Yaouré.
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