GOLD MINES AND MINING – AFRICA

Mining boss calls time at 69 after ushering in golden era for Perseus

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Original article by Peter Ker
The Australian Financial Review – Page: 21 : 6-Nov-25

Perseus Mining’s market capitalisation is currently about $6.9bn, compared with just $100m when Jeff Quartermaine became CEO in 2013. The gold miner’s revenue has risen from $293m to $1.24bn over the same period. Quartermaine is stepping down after 13 years at the helm and with his 69th birthday approaching; he says the company’s next stage of growth will require somebody with the energy and commitment to take on the role for 5-10 years. Perseus has a focus on Africa, but Quartermaine says Regis Resources’ blocked McPhillamys gold project in NSW shows that there is sovereign risk much closer to home.

CORPORATES
PERSEUS MINING LIMITED – ASX PRU, REGIS RESOURCES LIMITED – ASX RRL

Perenti rocked by terror attack in Africa

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Original article by Brad Thompson
The Australian Financial Review – Page: 27 : 8-Nov-19

Mining services company Perenti Global has been caught up in a deadly terrorist attack on a convoy of buses in the West African nation of Burkina Faso. The attack happened around 40 kilometres from Semafo’s Bongou gold mine, with people on the buses including employees of Semafo, Perenti Global’s Africa Mining Services, and other contractors. The attack has left at least 37 dead and 60 wounded, with the Department of Foreign Affairs & Trade saying at this stage it is not aware that any Australians were killed or wounded in the attack. Perenti has not disclosed how many AMS staff were on the buses in the convoy, which was being escorted by military police.

CORPORATES
PERENTI GLOBAL LIMITED – ASX PRN, SEMAFO INCORPORATED

Gold deals tipped to heat up in West Africa

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Original article by Tess Ingram
The Australian Financial Review – Page: 18 : 21-Jun-16

Shares in Australian-listed Gryphon Minerals finished 22.2 per cent higher at $A0.165 on 20 June 2016, in response to a takover bid from Teranga Gold. Both companies have gold projects in West Africa, and Scott Williamson of Hartleys anticipates further consolidation among gold players with a presence in the region. Duncan Hughes of Somers & Partners expects North American miners in particular to target West Africa-focused Australian gold producers.

CORPORATES
GRYPHON MINERALS LIMITED – ASX GRY, TERANGA GOLD CORPORATION – ASX TGZ, HARTLEYS LIMITED, SOMERS AND PARTNERS PTY LTD, PERSEUS MINING LIMITED – ASX PRU, AMARA MINING, ENDEAVOUR MINING CORPORATION, TRUE GOLD MINING, RESOLUTE MINING LIMITED – ASX RSG, WEST AFRICAN RESOURCES LIMITED – ASX WAF, CARDINAL RESOURCES LIMITED – ASX CDV