Perseus Mining Ord Shs T.PRU

Alternate Symbol(s): PMNXF

Metals & Mining Gold

Perseus Mining Limited is an Australia-based gold producer, developer, and explorer. The Company also conducts mineral exploration and evaluation activities in Africa. It operates three gold mines in Africa: Edikan in Ghana and Sissingue and Yaoure in Cote d'Ivoire and owns the Meyas Sand Gold Project in Sudan. Edikan Gold Mine is a large-scale, low-grade multi open-pit operation located in the Central Region of Ghana, approximately 45 kilometers southwest of the regional town of Obuasi. The Sissingue is located in northern Cote d'Ivoire and lies within the Sissingue exploitation permit that covers an area of over 446 square kilometers, bounded on one side by the international border between Cote d’Ivoire and Mali. Yaoure is located in central Cote d'Ivoire, over 40 kilometers northwest of Yamoussoukro, the political capital, and over 270 kilometers northwest of Abidjan, the economic capital of Cote d'Ivoire. It also operates Nyanzaga Gold Project, located in north-western Tanzania.

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Perseus Mining Ord Shs

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Comment by skii1on Nov 17, 2011 11:33am

268 Views

Post# 19245053

RE: RE: anyone know why PRU sp falling?

TAx on mining companies in Ghana raised from 25% to 35%. Not a big deal. Also some sort of 10% profit windfall tax--also not a big deal.One of the analysts out there, Dundee I think, believes this will have a THREE percent impact on the company's NAV.Not something I was losing sleep over, but apparently a lot of people are, and usualin this market, the s/p decline is way over the top.

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