Perseus Mining at Mining Forum Americas 2026: growth, cash and returns

Perseus Mining Limited (PRU) delivered its strongest financial results to date at Mining Forum Americas 2026, reporting record FY 2026 results. Operating cash flow rose 24% year on year to AUD 769 million, and earnings per share increased 17% year on year, reaching 405,000 ounces of production. All-in site cost was AUD 1,750 per ounce.

Reserves grew 40% and mineral resources rose 37% over the past 12 months. Perseus returned AUD 667 million to shareholders through dividends and buybacks since 2022, and approved a new AUD 350 million buyback authorization for FY 2027. The company's Nyanzaga project in Tanzania, 80% complete, is on track for first production in January 2027.

Craig, Perseus's chief executive, highlighted the company's strong safety performance and no lost-time injuries, as well as its focus on local hiring and training in Africa.