Perseus Mining Limited (PRU) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Perseus Mining investor webinar and conference call. All attendees are in a listen-only mode. If you would like to ask a question directly to the company, please use the raise hand function within Zoom. I'll now hand over to Perseus Mining Managing Director and Chief Executive, Craig Jones. Thank you, Craig. Thanks, Nathan, and welcome to the Perseus Mining quarterly webinar to discuss our September quarter results. Firstly, it's an honour to assume the role of CEO of Perseus Mining following Jeff Watermane's retirement, and he's left a lasting legacy at Perseus. And I'm joined here on the call today by our CFO, Leanne DeBuren. Thanks, Leanne. And also let me just start by acknowledging the exceptional efforts of our teams across the globe who worked tirelessly to deliver another strong quarter of performance for Perseus. So the September quarter marked another solid performance for Perseus in a year where all of our sites are transitioning into new mining areas. Amongst the change, we delivered strong operational results and continued to generate robust cash flows at the same time as marking meaningful progress on our growth initiatives. Firstly, our 12-month rolling average TRFIR is currently sitting at 0.6, which is a very credible performance. From a safety perspective, we're continuing to focus on our fatal risk management process and our safely home each day engagement program as the key pillars for our safety approach. Our gallop production for the quarter was just under 100,000 ounces at an all in site cost of $1,463 per ounce. So whilst our production is lower than the previous quarter, it's in line with our expectations and in line with our full year guidance. Combined gold sales from all three operations totaled 102,000 ounc...