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Perseus Mining appoints new COO as it continues to expand production and assets

Published 16/08/2024, 10:05 am
© Reuters Perseus Mining appoints new COO as it continues to expand production and assets
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Perseus Mining Ltd (ASX:PRU, TSX:PRU, OTC:PMNXF) has announced the appointment of Ms Amanda Weir as chief operating officer (COO), effective from August 19 2024.

Weir joins Perseus’s senior leadership team with over 20 years of experience in the mining industry. Her most recent roles were with Newcrest Ltd, where she served as chief transformation officer and senior vice president of Canadian operations before Newcrest was acquired by Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM).

Following the acquisition, Weir worked on integrating Newcrest’s operations into Newmont and held the position of interim group head of mineral resource management.

Weir's prior experience includes executive roles at Evolution Mining Ltd (ASX:EVN) and BHP (ASX:BHP) Group Ltd (LSE:BHP, ASX:BHP), where she focused on strategy, innovation, and technical operations. She holds a Bachelor of Mining Engineering, a Bachelor of Applied Geology, and a Master of Mine Management.

“We are delighted to welcome Amanda to the Perseus team, as chief operating officer. Perseus is going through a significant phase of growth but maintaining our focus on the performance of our operations will be key to the ongoing success of our company," Perseus chairman and CEO, Jeff Quartermaine, said.

“Amanda brings a wealth of operational and technical expertise and deep knowledge of leading teams through strategic transformation in complex environments. We look forward to Amanda applying her significant skills and experience to help guide our operations through the next phase of growth.”

Perseus continues to expand

Weir comes in at a time of growth for Perseus. Following a strong June quarter, in which the company recorded 120,929 ounces of gold at an All-in-Site Cost (AISC) of US$1,173 per ounce at its West African operations, Perseus also made a strategic equity interest in Predictive Discovery (ASX:PDI) Ltd, which holds the Bankan Gold Project in Guinea with an ore reserve of 3.05 million ounces.

The prominent African gold producer, developer and explorer has acquired a relevant interest in 13.82% of the issued shares of PDI. The Bankan asset is a pre-development project which has a reported probable ore reserve of 57.7 million tonnes at 1.64 g/t gold containing 3.05 million ounces of gold.

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