Annual Report Presentation for Year Ended 30 June 2026
Perseus Mining Ltd
Key points
- Record financial performance with operating cash flow up 24% and earnings per share up 17%
- Ore Reserves up 40% and Mineral Resources up 37%
- Increased Share buyback to A$350M and special distribution of A$100M
- Nyanzaga on track for first gold pour January 2027
Full summary
Perseus Mining Ltd's FY26 Annual Report Presentation highlighted significant achievements and financial performance. The company reported a 24% increase in operating cash flow and a 17% increase in earnings per share. Ore Reserves increased by 40% and Mineral Resources by 37%. The company also increased its share buyback to A$350M and announced a special distribution of A$100M to shareholders. The Nyanzaga Gold Project is on track for its first gold pour in January 2027. The company also emphasized its commitment to safety, with a Total Recordable Incident Frequency Rate (TRIFR) of 0.91, and sustainability, with the publication of its first Climate Report under AASB S2.
Guidance
FY27 production guidance: 420,000 - 480,000 ounces; AISC: $1,835 - $2,070/oz; Sustaining capital: $50 - $60M; Exploration: $70 - $80M
Outlook
Perseus Mining is optimistic about its future growth prospects, underpinned by a diversified African asset portfolio and a strong balance sheet. The company plans to focus on high-yield returns and disciplined capital investment to maintain its growth trajectory.