PRU June 2026 Quarter Report

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Postmedia has not reviewed the content. by GlobeNewswire PRU June 2026 Quarter ReportAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.Perth, Western Australia, July 30, 2026 (GLOBE NEWSWIRE) — THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountPerseus delivers strong operational performance with cash & bullion increased to US$1 billionPERTH, Western Australia/ July 30, 2026/ Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU) reports on its activities for the three months’ period ended on June 30, 2026 (the “Quarter”). Below is a summary of the release. The full report is available at www.perseusmining.com, www.sedarplus.ca and www.asx.com.au.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againGroup operational TRIFR 0.87 with Nyanzaga Gold Project (NGP) achieving 8 million worked hours LTI freeQ4 FY26 production totalled 109,013 ounces of gold at an All-In Site Costs (AISC) of US$1,941 per ounceAverage cash margin of US$2,145/oz of gold produced, delivering notional operating cashflow of US$216 million and a record US$769 million for the full FY26 financial year Increased cash and bullion position to US$1.03 billion, plus liquid listed securities valued at US$233 millionStoping operations commenced at Yaouré CMA Underground which produced 8,472 ounces of goldNGP reached 67% overall project progress, and development remains on track for first production by January 2027 Share buyback increased to A$150 millionAppointment of Wade Bickley as Chief Operating OfficerPost quarter-end, appointment of Thomas (Tommy) McKeith as independent Non-Executive Director Production and AISC guidance for June 2027 Financial Year (FY27) of 420,000 – 480,000 ounces at US$1,835 – 2,070 per ounce AISC.Key operating indicators and highlights for the June 2026 quarter (Q4 FY26) include:PERFORMANCE INDICATOR UNIT MARCH 2026 QUARTER JUNE 2026 QUARTER JUNE 2026 HALF YEAR FY26 FINANCIAL YEARGold recovered1Ounces 107,144109,013216,157404,998Gold poured1 Ounces 109,382112,116221,499403,705Production Cost2 US$/ounce 1,2381,3401,2871,270All-In Site Cost (AISC)2 US$/ounce 1,7481,9411,8421,750Gold sales1Ounces 96,260114,567210,827399,023Average sales price2 US$/ounce 4,1434,0864,1133,693Notional Cashflow2 US$ million 252216468769Includes the CMA Underground gold produced, poured and sold for this quarter ahead of commercial production. Excludes CMA Underground production cost, gold produced, AISC, Average sales price and Notional Cashflow as the related cash costs are capitalised until commercial production is achieved. Perseus’s Managing Director and CEO Craig Jones said:“This was a quarter of significant milestones for Perseus — first stoping ore from CMA Underground, a first for both Perseus and Côte d’Ivoire, an outstanding safety achievement at Nyanzaga, and cash and bullion passing US$1 billion for the first time. That balance sheet strength gives us the flexibility to keep investing in our growth pipeline while continuing returns to shareholders as reflected in the Board’s decision to upsize our buyback to $150m this quarter. I want to thank our employees and contractors across all our operations and projects for their dedication and hard work over the past year — the milestones we’ve delivered are a direct reflection of their commitment. This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Looking ahead, FY27 will be a transformational year for Perseusas we bring two major growth projects — CMA Underground and Nyanzaga — through to commercial production alongside our existing operations”.Conference Call Perseus will host investor webinar and conference call to discuss its June 2026 Quarterly Results, at 9.00am AEDT today (30 July 2026). Register for the webinar at: https://us02web.zoom.us/webinar/register/WN_6j0LnsvnQ0ip-WQEoZEFqAA recording of the conference call will be made available via Perseus’s website at www.perseusmining.com.GROUP GOLD PRODUCTION AND COST GUIDANCEForecast group gold production and AISC for the 2027 financial year is as follows:Table 14: Production and AISC GuidancePARAMETERUNITS2027 FINANCIAL YEARFORECASTYaouré Gold Mine ProductionOunces150,000 – 170,000All-in Site Cost(1)US$ per ounce$1,955 – $2,205Edikan Gold Mine ProductionOunces150,000 – 170,000All-in Site Cost(1)US$ per ounce$1,700 – $1,920Sissingué Gold Mine ProductionOunces65,000 – 85,000All-in Site Cost(1)US$ per 0unce$1,865 – $2,105Nyanzaga Gold Mine Production(2)Ounces~55,000PERSEUS GROUP ProductionOunces420,000 – 480,000All-in Site Cost(1)US$ per ounce$1,835 – $2,070Cost guidance is based on a gold price assumption of $4,000 per ounce and Government royalty rates of 8% in Côte d’Ivoire and 11% (applicable at $4,000 per ounce) in Ghana and has only been calculated on the three operating mines.Nyanzaga guidance is based on FID as released in April 2025 – Refer ASX Release – Perseus mining proceeds with development of the Nyanzaga Gold Project. Further guidance for Nyanzaga will be provided in Q3 FY27. All operating costs for Nyanzaga are capitalised until Commercial Production planned for Q4 FY27. SEPTEMBER 2026 QUARTER EVENTS & ANNOUNCEMENTS30 July – June 2026 Quarterly Report & Webinar26 August – Annual Mineral Resources and Ore Reserves Update 26 August – Financial Year 2026 Report & Webinar2-4 September – Africa Down Under (Perth)24 September – Nyanzaga Gold Project site visit (Tanzania)27-30 September – Mining Forum Americas (Colorado)Competent Person Statement All production targets referred to in this release are underpinned by estimated Ore Reserves which have been prepared by competent persons in accordance with the requirements of the JORC Code.The information in this report that relates to the Mineral Resources and Ore Reserve for the Edikan and Sissingué Gold Mines was updated by the Company in a market announcement “Perseus Mining updates Mineral Resources and Ore Reserves” released on 21 August 2025. The information in this report that relates to the Mineral Resources and Ore Reserve for the Nyanzaga Gold Project was updated in a market announcement “Perseus Mining Increases Nyanzaga Gold Project Ore Reserves to 4.0 Moz” released on 20 February 2026.The Company confirms that all material assumptions underpinning those estimates and the production targets, or the forecast financial information derived therefrom, in that market release continue to apply and have not materially changed. The Company confirms that the material assumptions underpinning the estimates of Ore Reserves described in “Technical Report — Edikan Gold Mine, Ghana” dated 6 April 2022, “Technical Report — Yaouré Gold Project, Côte d’Ivoire” dated 18 December 2023, “Technical Report — Sissingué Gold Project, Côte d’Ivoire” dated 29 May 2015, and “Technical Report — Nyanzaga Gold Project, Tanzania” dated 10 June 2025 continue to apply.Caution Regarding Forward Looking Information: This report contains forward-looking information which is based on the assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Assumptions have been made by the Company regarding, among other things: the price of gold, continuing commercial production at the Yaouré Gold Mine, the Edikan Gold Mine and the Sissingué Gold Mine without any major disruption, development of a mine at Nyanzaga, the receipt of required governmental approvals, the accuracy of capital and operating cost estimates, the ability of the Company to operate in a safe, efficient and effective manner and the ability of the Company to obtain financing as and when required and on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used by the Company. Although management believes that the assumptions made by the Company and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any anticipated future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, the actual market price of gold, the actual results of current exploration, the actual results of future exploration, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company’s publicly filed documents. Readers should not place undue reliance on forward-looking information. Perseus does not undertake to update any forward-looking information, except in accordance with applicable securities laws.This market announcement was authorised for release by the Board of Perseus Mining LimitedASX/TSX CODE: PRU CAPITAL STRUCTURE: Ordinary shares: 1,327,131,493 Performance rights: 5,613,211 REGISTERED OFFICE: Level 2 437 Roberts Road Subiaco WA 6008 Telephone: +61 8 6144 1700 www.perseusmining.comDIRECTORS: Rick Menell Non-Executive Chairman Craig JonesManaging Director & CEO Amber BanfieldNon-Executive Director Elissa Cornelius Non-Executive Director Dan Lougher Non-Executive Director John McGloin Non-Executive Director Thomas McKeithNon-Executive Director James RutherfordNon-Executive DirectorCONTACTS: Craig Jones Managing Director & CEO craig.jones@perseusmining.com Stephen Forman Investor Relations +61 484 036 681 stephen.forman@perseusmining.com Nathan Ryan Media +61 420 582 887 nathan.ryan@nwrcommunications.com.auNotice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. 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