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Perseus records big jump in profit

West Africa-focused Perseus Mining has signed off on a breakout year with a net profit after tax of A$94 million and a 41% increase in cash and bullion to $237.5 million.

Michael Quinn
Yaoure, back in the day, Cote d'Ivoire

Yaoure, back in the day, Cote d'Ivoire

Debt stood at $218 million, while dividends look to be another year or two away given a 6-9 month ramp up of the new flagship Yaoure development in Cote d'Ivoire begins in December. Perseus' earnings...

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