• Perseus Mining gold output fell 14% to 431,684 ounces in 2025
• Lower production reported at Ivorian mines and Ghana’s Edikan
• Output dip aligns with mine plans ahead of Nyanzaga commissioning

Perseus Mining produced 431,684 ounces of gold in 2025, representing a 14% year-on-year decline. The Australian company, which operates three mines in Côte d’Ivoire and Ghana, reported these figures in its quarterly results on Thursday, Jan. 29.

In Côte d’Ivoire, the Yaouré and Sissingué gold mines each produced less gold than a year earlier. Their combined output totalled 279,943 ounces in 2025, compared with 309,043 ounces in 2024, a 9% decrease. Edikan, the company’s sole mine in Ghana, produced 151,741 ounces, marking a 21% year-on-year drop.

Perseus did not provide reasons for all of these declines. However, Yaouré is transitioning from open-pit to underground operations. Performance at Edikan was affected by the processing of low-grade ore stockpiles.

The results are nonetheless consistent with Perseus’s current mine plan. This plan identifies the 2026 fiscal year, which runs from July 1, 2025, to June 30, 2026, as an exception in the company’s 2026 to 2030 production forecasts. Over this period, Perseus aims for average annual production of 515,000 to 535,000 ounces. This target is supported by the commissioning of Nyanzaga, its fourth African gold mine, located in Tanzania.

Emiliano Tossou