LEADERSHIP

Perseus founder departs

Perseus Mining’s (AU:PRU) founding chairman Reg Gillard has announced he will retire from the company, effective March 31, days after the company reported a net loss of A$22.3 million (US$17.1 million) for the half year to December 31.

Perseus has been struggling to turn a profit at its Edikan gold mine in Ghana

Perseus has been struggling to turn a profit at its Edikan gold mine in Ghana

Gillard was the driving force behind the West Africa-focused gold miner, incorporating it as a private entity in October 2003, before public listings in Australia and Canada. He will be replaced by Sean...

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