Perseus confirms production guidance

Company News

Perseus Mining Limited (ASX:PRU) has confirmed its full-year production guidance, having met its first-half gold production guidance.
 
Perseus says gold production in the December quarter came in at over 48,000 ounces, up 6 per cent on the previous quarter.
 
Gold production at its Edikan mine in Ghana was over 94,000 ounces for the six months to December 2013, in line with guidance.
 
A total of 44,617 ounces of gold was sold during the December quarter at an average price of $1,318 per ounce.
 
Full-year guidance remains unchanged at between 190,000 and 210,000 ounces at an all-in site cost of between $US1,050 and $US1,250 per ounce.
 
Perseus Mining generated a net profit of $41.4 million in fiscal 2013.