Perseus Mining announces retirement of CEO and appointment of new CEO

Core Viewpoint - Perseus Mining Limited announces the retirement of its long-serving Managing Director and CEO, Jeff Quartermaine, effective September 30, 2025, after 12 years in the role, during which he transformed the company into a leading multi-mine gold producer in Africa [2][3][7]. Company Transformation - Jeff Quartermaine joined Perseus in 2010 as CFO and became CEO in 2013, leading the company from a single-mine operation to a multi-mine, multi-jurisdictional gold producer with three operating mines and a fourth under construction [3][7]. - Under Quartermaine's leadership, Perseus has become one of the most profitable gold producers globally and joined the ASX100 index in June 2025 [7]. Future Leadership - Craig Jones, former global COO of Newcrest, will replace Quartermaine as MD and CEO, starting August 18, 2025, and officially assuming the role on October 1, 2025 [6][11]. - Jones brings over 25 years of global experience in the mining sector, with a strong background in stakeholder management and sustainable practices [8][10]. Company Operations - Perseus currently operates three gold mines: Edikan in Ghana, and Yaouré and Sissingué in Côte d'Ivoire, with a fourth mine, Nyanzaga, in Tanzania, expected to commence production in Q1 CY2027 [4][7]. Leadership Acknowledgment - Perseus's Chairman, Rick Menell, expressed gratitude for Quartermaine's contributions, highlighting his role in establishing a solid foundation for the company's future growth [4][11].