- CEO
- Craig Antony Jones
- Full Time Employees
- 1,100
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 437 Roberts Road Subiaco WA Australia 6008
- IPO Date
- Feb 22, 2010
- Business
- Perseus Mining Limited is an Australia-based gold mining company primarily engaged in the production, exploration, and development of gold mining assets in West Africa. Its core operations include three producing gold mines: the Edikan Gold Mine in Ghana, the Sissingué and Yaouré Gold Mines in Côte d'Ivoire, and it is developing the Nyanzaga Gold Project in Tanzania. Additionally, Perseus holds interests in the Meyas Sand Gold Project in Sudan, although development there is currently on hold due to local conflict. The company’s product portfolio centers on gold production, selling over 500,000 ounces annually, supported by sustained investment in exploration and development projects. Perseus also provides mining services and operational management across these assets with a focus on sustainable and efficient gold extraction.
Founded in 2004 and headquartered in Perth, Australia, Perseus Mining has expanded its geographic footprint across several African countries and targets mid-tier gold production with competitive all-in sustaining costs. The company’s strategic initiatives in the last 1-2 years include the significant acquisition of OreCorp Limited in April 2024, which added the Nyanzaga Gold Project to its portfolio, strengthening its development pipeline and geographic diversification. Most recently, in December 2025, Perseus submitted a superior binding offer to acquire the remaining shares of Predictive Discovery Limited, aiming to consolidate its position as a major gold producer in West Africa. This acquisition is expected to enhance Perseus’s production scale, asset quality, and geographic diversification further, backed by committed financing including a A$37 million loan facility to support Predictive Discovery’s working capital and pre-development activities. These moves reflect Perseus’s continued emphasis on strategic growth through acquisitions, operational excellence, and development of new gold assets in Africa.
Perseus Mining operates primarily in the gold mining industry, targeting markets that include institutional investors, commodity markets, and downstream gold buyers. Its operations span several African countries including Ghana, Côte d'Ivoire, Tanzania, and Sudan, focusing on both producing and developing gold mining assets. The company deploys advanced mining technologies and sustainable practices in line with environmental, social, and governance (ESG) standards to maintain its operational license and stakeholder relations. Perseus maintains a growth-focused corporate strategy centered on expanding its mineral reserves and maintaining annual gold production exceeding 500,000 ounces with cost efficiency and extended mine life through exploration and development.
The company continues to evolve through strategic partnerships, acquisitions, and project developments to strengthen its mining portfolio across Africa, seeking to deliver consistent returns and growth for shareholders in the competitive gold mining sector.