Today's board moves wrap includes Jason Peterson, David Wheeler, Florence Drummond, Piers Lewis, Andrew Taylor, Darren Holden, Dan Smith, John Kay, Andrew Seaton, Will Barker, Zane Padman, John Dermody and more.
Perseus Mining's long-serving managing director and chief executive Jeff Quartermaine will retire from the goldminer in September, to be replaced by Newcrest Mining alum Craig Jones.
Former Tourism WA managing director Carolyn Turnbull has taken the the chief executive position at Nammos Hotels & Resorts, and has relocated to Dubai for the role.
Perth-headquartered Perseus Mining will self-fund the construction of an $820 million a new goldmine in Tanzania, the first new mine of its kind in the nation in almost two decades.
Perseus Mining has appointed Byrnecut as its primary mining contractor after approving a $124 million underground development at its Yaouré gold mine in Côte d'Ivoire.
African gold producer Perseus Mining has upped its stake in Predictive Discovery but has reiterated its not currently eyeing a takeover of the developer.
Today's board moves wrap includes Oliver Oxenbridge, Carly Terzanidis, Tejal Magan, Russell Hardwick, Peter Hall, David Greenwood, Jeff Quartermaine, Todd Ross, Marcello Cardaci, Ajesh Raithatha, Daniel Lamont, Patrick Verbeek, Brett Dickson, Anthony Italiano, Jonathon West and more.
A booming gold price has helped ensure a strong 2024 financial year for Perseus Mining, which posted a net profit after tax of $US364.8 million, or $536.4 million.
Cashed-up African gold producer Perseus Mining will reap $66 million from the sale of shares in Toronto-listed Montage Gold Corp, acquired in its $215 million 2022 takeover of Orca Gold.
African goldminer Perseus Mining has spent more than $65 million on a strategic stake in fellow ASX-lister Predictive Discovery, but says it is not currently seeking to take over the company.
Perseus Mining boss says the company has a great opportunity to reach or potentially surpass its annual production guidance of 491,000-517,000 ounces of gold for the 2024 financial year.
Resources company OreCorp has announced several changes to its board, a day after Canada-based Silvercorp Metals gave its blessing to Perseus Mining's off-market takeover bid for the company.
OreCorp's Board has unanimously recommended that its shareholders accept an amended takeover proposal from Perseus Mining, in the absence of a superior offer.
Newmont Corporation has announced it will divest six of its non-core assets, including its Telfer goldmine in the Pilbara, with Andrew Forrest-backed Greatland Gold the likely buyer.
Perseus Mining will launch an off-market takeover bid for OreCorp, initiating a battle with Canadian company Silvercorp Metals for control of the Subiaco-based gold developer.
Perseus Mining has inserted itself in the middle of Silvercorp's proposed acquisition of OreCorp, acquiring a major stake and declaring its intention to vote against the takeover.
Gold producer Perseus Mining has bolstered its profit by 70 per cent to $476 million after enjoying higher gold prices and increased production in the 2023 financial year.
Gold producer Perseus Mining has delayed making a final investment decision on its Meyas Sand Gold project in Sudan following ongoing conflict in the country.
Perseus Mining has struck a friendly $C219 million deal to acquire full ownership of Canada's Orca Gold Inc, which owns 70 per cent of a development project in Sudan.
Subiaco-based Perseus Mining has reported a 48 per cent jump in net profit to almost $140 million, after commissioning its third mine and boosting production.
Subiaco-based Perseus Mining is set to gain control of a potential new gold project near its Sissingue mine after announcing a friendly takeover bid for Exore Resources in a scrip deal worth around $60 million.
Three Western Australian gold miners have recently started production at their respective operations, with Dacian Gold's $200 million Mt Morgans project near Laverton pouring its first bar of gold last week.
West Africa-focused gold miner Perseus Mining has locked in $US60 million of debt finance with Macquarie Bank to fund ongoing work at its Sissingue and Edikan mines.
Gold miner Perseus Mining has announced the biggest capital raising by a Western Australian company for the year, topping the likes of Pilbara Minerals and Gold Road Resources.
Subiaco-based gold miner Perseus Mining has posted a fall in half-year profit to $12 million on the back of the weaker Australian dollar, but grew revenue by 5 per cent.
Subiaco-based gold company Perseus Mining says it will proceed with plans to develop its Sissingue mine in West Africa, following promising results in a revised feasibility study.
Movements in the US dollar and Ghanaian Cedi relative to the Australian dollar have combined with lower gold production and higher costs to drive Perseus Mining into losing territory.
Perth-based gold companies Perseus Mining and Kingsrose Mining have strengthened their balance sheets after completing share placements worth a combined $40 million.
Gold miner Perseus Mining has plunged to a $4 million interim net loss, as a decrease in gold production at its flagship Edikan mine as well as a 12.5 per cent fall in its gold sales price weighed
Gold sector players Evolution Mining and Ampella Mining have revealed additional cost-cutting initiatives to deal with the impact of low spot prices for the precious metal.
Perseus Mining shares have tanked in early trade after the miner said late yesterday that production from its Ghanaian gold operations would come in below its forecasts.
