Perseus Mining has achieved a full year without a lost time injury, underscoring a consistent focus on safety as its operations across West Africa maintained solid performance.
The company reported a Total Recordable Injury Frequency Rate (TRIFR) of 0.60, well below the industry average, with three recordable injuries in the September quarter. Its 12-month rolling Lost Time Injury Frequency Rate (LTIFR) of 0.00 marked one year free of lost time injuries.
According to Perseus, the ongoing use of its Safely Home Every Day (SHED) Gold Interactions and critical control verification programs continues to reinforce safe behaviours and manage major risks.
Sustainability governance also strengthened during the period. The fatality risk management program was updated to include hazards linked to the new underground project at Yaouré, while the company’s FY25 Sustainable Development Report set out refreshed ESG priorities and a revised sustainability strategy aligned with corporate goals.
Progress continued on the second phase of Perseus’s climate risk and opportunity assessment, which aims to quantify financial impacts and further integrate climate considerations into strategic and risk frameworks.
Across operations, Perseus’s three gold mines – Yaouré and Sissingué in Côte d’Ivoire and Edikan in Ghana – produced 99,953 ounces of gold in the first quarter of FY26, lifting the company’s cash and bullion balance to US$837 million.
The quarter also saw a planned leadership transition, with Jeff Quartermaine retiring as managing director and chief executive officer on September 30, and Craig Jones assuming the role on October 1.
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