Perseus Mining Posts Record FY2026 Results, Advances Nyanzaga Toward 2027 Gold Output - TradingView

AI desk brief

Perseus Mining posted record FY2026 results, with operating cash flow up 24%, EPS up 17% and gold production of 405koz at an all-in site cost of $1,750/oz. The company ended the year with more than $1bn in cash and bullion and $1.4bn of total liquidity, while reserves rose 40% and resources 37%.

Nyanzaga remains the key growth driver: construction is 80% complete, $374m of capital has been spent, and first gold is targeted for January 2027. Perseus guided FY2027 production to 420koz-480koz with AISC of $1,835-$2,070/oz, and said Nyanzaga should deliver a 16-year mine life with more than 200koz/yr for 14 years.