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Perseus Sees $4.024-million After-tax Net Loss in 2013′s Second Half
Feb. 17, 2014 09:25AM PST
Gold InvestingPerseus Mining Ltd. (TSX:PRU,ASX:PRU) announced on Friday that it incurred a $4.024-million net after-tax loss for the six months ended December 31, 2013.
Perseus Mining Ltd. (TSX:PRU,ASX:PRU) announced on Friday that it incurred a $4.024-million net after-tax loss for the six months ended December 31, 2013.
As quoted in the press release:
The decrease in profitability relative to prior periods was due mainly to a 9% decrease in gold production at the Edikan Gold Mine (‘EGM’), resulting from a planned 28% decrease in the head grade of ore processed, coupled with an unplanned 12.5% decrease in the realised sale price per ounce for gold relative to the corresponding prior period.
Click here to read the full Perseus Mining Ltd. (TSX:PRU,ASX:PRU) press release.
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