Latest Perseus Mining (ASX:PRU) News

Perseus Mining has reported record FY25 financial results with a 16% rise in profit after tax and announced a 50% increase in dividends alongside a renewed A$100 million share buyback program.

Perseus Mining Limited reported a robust FY25 with a 21.7% revenue increase to US$1.25 billion and a 15.6% rise in profit after tax to US$422 million, driven by higher gold prices despite slightly lower production. The company also declared a final dividend and completed a significant share buyback.

Perseus Mining Limited has announced an on-market buy-back program to repurchase up to 40 million ordinary shares over the next year, signaling a strategic move in capital management.

Perseus Mining reports a significant increase in its gold Mineral Resources and Ore Reserves as of June 2025, highlighting growth across key African projects and a strategic portfolio approach.

Perseus Mining has formalised key agreements with Tanzania to advance its Nyanzaga Gold Project, targeting first gold production in early 2027. The project promises low-cost output and robust returns amid ongoing resource expansion efforts.

Perseus Mining announces the retirement of long-serving CEO Jeff Quartermaine, who transformed the company into an ASX100 gold producer. Craig Jones, former Newcrest COO, will take the helm in October 2025, steering Perseus through its next growth phase.

Perseus Mining delivered a strong June 2025 quarter, hitting production targets and maintaining a robust cash position of US$827 million, while progressing major projects including the Nyanzaga Gold Project in Tanzania.

Perseus Mining reports robust drilling results at its Nyanzaga Gold Project in Tanzania, highlighting significant high-grade gold intercepts and potential for mine life extension beyond the initial 11-year plan.

Perseus Mining outlines a robust five-year gold production plan targeting up to 2.7 million ounces with stable costs and strong cash margins, backed by major projects in Africa.

Perseus Mining Limited delivered a robust March 2025 quarter with steady gold production, strong cash flow, and key project milestones including FIDs for the CMA Underground and Nyanzaga Gold projects.

Perseus Mining reported a 9% rise in gold production and a robust cash and bullion balance of US$704 million in Q2 FY25, alongside strategic progress on its CMA underground and Nyanzaga projects.