Perseus Mining
MINING benefits in the form of increased throughput rates and improved recoveries . On the mining side , Perseus is looking into how it blast ore . The goal with this research is to improve how the ore breaks by a change in drill patterns , leading to a potentially easier mining process and better working conditions .
With the gold price cycle down , F2014 has been a stabilising year for Perseus . The company has reduced costs by introducing cost-effective alternatives and improving efficiency . Plans for F2015 ( which starts in July ) include expanding the Sissingue project and increasing production levels at Edikan .
Analysts ’ outlooks Evans and Partners latest research report on Perseus shifted its rating from Neutral to Positive , as early production statistics for the March 2014 quarter showed promised and followed on from a strengthened performance in the December
Performance improvement plan
1 . Optimise Edikan Life of Mine Plan focussing on maximising cash margins and increasing NPV
2 . Focus on process improvements at Edikan
3 . Focus on reduction of costs across the company
4 . Focus on efficiency of capital deployment
Employee training www . perseusmining . com 111