PRU September 2026 Quarter Report

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Postmedia has not reviewed the content. by GlobeNewswire PRU September 2026 Quarter ReportAuthor of the article:Perth, Western Australia, Oct. 27, 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 AccountSEPTEMBER 2026 QUARTER REPORTPerseus delivers another strong quarter, ending with cash & bullion of US$900 millionPerth, Western Australia/ October 27, 2026/ Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU) reports on its activities for the three months’ period ended on September 30, 2026 (the “Quarter”). Below is a summary of the release. The full report is available at www.perseusmining.comwww.sedarplus.ca and www.asx.com.auThis advertisement has not loaded yet, but your article continues below.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 TRIFR 1.01 with Nyanzaga Gold Project (NGP) achieving 10.9 million worked hours LTI freeQ1 FY27 Group production exceeds plan with 92,551 ounces of gold at an All-In Site Costs (AISC) of US$2,035 per ounceAverage cash margin of US$1,846/oz of gold produced, delivering notional operating cashflow of US$171 million Yaouré CMA Underground achieves commercial productionNGP reached 88.4% overall project progress, and development remains on track for first production by January 2027Cash and bullion of US$900 million, plus liquid listed securities valued at US$338 millionWith production plans exceeded for Q1 FY27, Perseus remains on track for production and AISC guidance for June 2027 Financial Year (FY27) of 420,000 – 480,000 ounces at US$1,835 – 2,070 per ounce.Key operating indicators and highlights for the September 2026 quarter (Q1 FY27) include:Table 1: Group Quarterly PerformancePERFORMANCE INDICATOR UNIT DECEMBER 2025QUARTERMARCH 2026 QUARTER JUNE 2026 QUARTER SEPTEMBER 2026 QUARTER3 Gold recoveredOunces 88,8881107,1441109,013192,551Production CostUS$/ounce 1,36221,23821,34021,472All-In Site Cost (AISC)US$/ounce 1,80021,74821,94122,035All in Sustaining CostUS$/ounce1,89721,60421,84821,855Gold salesOunces 86,607196,2601114,567199,661Average sales priceUS$/ounce 3,43724,14324,08623,881Notional CashflowUS$ million 145225222162171This advertisement has not loaded yet, but your article continues below.Includes the CMA Underground gold produced and sold for the quarter before commercial production was achieved. Commercial production for CMA Underground was achieved on 1 July 2026. Excludes CMA Underground production cost, gold produced, AISC, Average sales price and Notional Cashflow as the related cash costs are capitalised until commercial production was achieved. All metrics include CMA Underground following commercial production achieved on 1 July 2026.Perseus’s Managing Director and CEO Craig Jones said:“The September Quarter was a solid start to FY27, with all three operations performing and on track for our full year guidance. The CMA Underground has achieved commercial production and our Nyanzaga project is progressing to completion with an outstanding safety record, remaining on budget and on schedule. Our balance sheet remains strong and debt-free, to fund our growth objectives while continuing to deliver meaningful returns to shareholders through our buy-back and the upcoming Special Distribution. I want to thank our employees and contractors for their continued commitment across our sites.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Looking ahead, we expect production to build through the second half of the year as Yaouré’s CMA continues to increase production and Edikan accesses higher grades in the Nkosuo pit along with Nyanzaga commencing operation, positioning Perseus for a transformational year”.Conference Call Perseus will host investor webinar and conference call to discuss its September 2026 Quarterly Results, at 9.00am AEDT today (27 October 2026). Register for the webinar at: https://us02web.zoom.us/webinar/register/WN_5JPqtLq5QVOV1wqjG1Mn1gA recording of the conference call will be made available via Perseus’s website at www.perseusmining.com.GROUP GOLD PRODUCTION AND COST GUIDANCEPerseus remains on track to deliver group gold production and AISC for the 2027 financial year as shown in Table 6 below.Table 6: Production and AISC GuidancePARAMETERUNITSSEPTEMBER 2026 QUARTER (ACTUAL)2027 FINANCIAL YEARFORECASTYaouré Gold Mine ProductionOunces 36,648150,000 – 170,000All-in Site Cost (1)US$ per ounce$2,393$1,955 – $2,205Edikan Gold Mine ProductionOunces 35,830150,000 – 170,000All-in Site Cost (1)US$ per ounce$1,738$1,700 – $1,920Sissingué Gold Mine ProductionOunces 20,07365,000 – 85,000All-in Site Cost (1)US$ per 0unce$1,913$1,865 – $2,105Nyanzaga Gold Mine Production (2)Ounces –~55,000PERSEUS GROUP ProductionOunces 92,551420,000 – 480,000All-in Site Cost (1)US$ per ounce$2,035$1,835 – $2,070This advertisement has not loaded yet, but your article continues below.Cost 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. Group AISC and has only been calculated based on the three operating mines.Nyanzaga production 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.DECEMBER 2026 QUARTER EVENTS & ANNOUNCEMENTS27 October – September 2026 Quarterly Report & Webinar5 November – Macquarie WA Forum9 November – UBS Australasia conference30 November – Annual General MeetingCompetent 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 was updated by the Company in a market announcement “Perseus Mining updates Mineral Resources and Ore Reserves” released on 26 August 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. This advertisement has not loaded yet, but your article continues below.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 advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.This market announcement was authorised for release by Craig Jones, Managing Director and CEOSX/TSX CODE: PRUCAPITAL STRUCTURE:Ordinary shares: 1,326,111,555Performance rights: 7,286,920REGISTERED OFFICE:Level 2437 Roberts RoadSubiaco WA 6008Telephone: +61 8 6144 1700www.perseusmining.comDIRECTORS:Rick MenellNon-Executive ChairmanCraig JonesManaging Director & CEO Amber BanfieldNon-Executive DirectorElissa CorneliusNon-Executive DirectorDan LougherNon-Executive DirectorJohn McGloinNon-Executive DirectorTommy McKeithNon-Executive DirectorJim RutherfordNon-Executive DirectorCONTACTS:Craig JonesManaging Director & CEOcraig.jones@perseusmining.com Stephen FormanInvestor Relations+61 484 036 681stephen.forman@perseusmining.comNathan RyanMedia+61 420 582 887nathan.ryan@nwrcommunications.com.auThis advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. 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