FirstRand Bank

Perseus Mining Limited is an Australia-based gold mining company recognized for its successful exploration activities in West Africa. Established in 2004, Perseus transitioned from exploration to production with the commencement of commercial operations at its Edikan Gold Mine in Ghana in 2012. The company operates three majority-owned mines: Edikan, Sissingué, and Yaouré, producing approximately 510,000 ounces of gold in the fiscal year 2024. The Edikan mine holds significant gold resources, including measured, indicated, and inferred reserves. In addition to its existing operations, Perseus acquired the Meyas Sand gold project in Sudan in 2022 and the Nyanzaga gold project in Tanzania in fiscal 2024, although development at Meyas Sand is currently on hold due to regional instability. Perseus Mining is committed to enhancing shareholder returns through prudent investment strategies and aims to establish itself as a leading multi-mine gold producer in West Africa. The company's management team is experienced and focused on achieving growth through exploration and efficient operations.