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Perseus Mining Seals Tanzanian Deal, Eyes Gold Production in 2027

9:02pm on Friday 29th of August, 2025 AEST Mining
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Perseus Mining Seals Tanzanian Deal, Eyes Gold Production in 2027

9:02pm on Friday 29th of August, 2025 AEST
Key Points
  • Formal agreements signed with Tanzanian government to develop Nyanzaga Gold Project
  • Final Investment Decision made in April 2025 for US$524 million project
  • Projected average annual gold production over 200,000 ounces from FY28 to FY35
  • Life of mine All-In Site Cost estimated at US$1,211 per ounce
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