Business
Why the Perseus Mining (ASX:PRU) share price is on watch
The Perseus Mining Ltd (ASX: PRU) share price is one to watch in early trade after the Aussie miner’s latest quarterly report.
Why is the Perseus share price on watch today?
Perseus this morning provided its quarterly report for the period ended 31 March 2021 (Q3 2021). The period was highlighted by strong production and sales increases for the Aussie gold miner.
Perseus reported a 29 per cent increase in gold production to 88,458 ounces. Up from 68,614 ounces in the December quarter. That was largely thanks to ramp up efforts at the group’s Yaouré mine during Q3 2021.
Those strong production numbers came at a lower cost of US$852 per ounce compared to $915 in the December quarter. All-in site cost (AISC) fell 3.6% to US$999…
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