Perseus Mining’s Contributions to Ghana’s Development
Perseus Mining (Ghana) Limited has reaffirmed its commitment to the socio-economic development of Ghana through responsible and sustainable mining operations at its Edikan Gold Mine in the Central Region. The company continues to play a vital role in driving national growth and fostering inclusive economic progress.
For the year ended 30 June 2025, Perseus generated a direct economic value of GH¢ 4.6 billion in Ghana. This significant contribution highlights the company’s impact on the country’s economy. During this period, Perseus paid GH¢1.85 billion in taxes, royalties, levies, and dividends to the Government of Ghana. Additionally, the company spent GH¢ 2.4 billion with Ghanaian suppliers, supporting local businesses and strengthening supply chains.
Perseus also contributed to the well-being of its employees by paying GH¢ 366.6 million in wages and benefits. Furthermore, the company allocated GH¢ 8.7 million to community development initiatives. Notably, the Edikan Mine employs a 100 percent Ghanaian workforce, showcasing the maturity and capacity of local talent.
Impact on Education and Livelihoods
Perseus’s operations continue to deliver lasting impacts across education, livelihoods, and environmental stewardship. In FY2025, the company awarded 176 scholarships to students from host communities, bringing the total number of scholarships since 2017 to 694. These scholarships are part of the company’s broader efforts to invest in the future of local communities.
To promote resilient community livelihoods, Perseus accelerated Phase Two of the Edikan Livelihoods Restoration Programme. This initiative now supports 11 smallholder pig farmers with infrastructure, training, feed, and veterinary services. Other community investments included the construction of a modern Community Centre at Nkonya and a 3×4-unit accommodation facility for teachers and nurses at Abenabena.
Environmental Stewardship and Rehabilitation
In line with its environmental commitments, Perseus relinquished 70 hectares of land from its Ayanfuri Mining Lease in July 2025 for reallocation under the Government’s Small-Scale Cooperative Mining Scheme. This action contributed GH¢ 16.6 million to fund future rehabilitation efforts in partnership with the Environmental Protection Agency (EPA).
The Edikan Mine also advanced progressive rehabilitation programs, managing over 29,000 seedlings and integrating mango and oil palm into restored land. Additionally, waste rock was donated to support local road construction, further benefiting the surrounding communities.
Leadership and Future Commitments
Craig Jones, CEO and Managing Director of Perseus Mining, emphasized the company’s deep connection to the well-being of its host communities. He stated:
“Perseus’s success in Ghana is deeply tied to the well-being of our host communities. At Edikan, we are proud to provide jobs, invest in education and skills, and contribute to the Government’s efforts to promote sustainable economic growth through the significant direct economic value our operations generate. Our initiatives – from scholarships and livelihood programmes to land rehabilitation and community infrastructure – demonstrate our firm commitment to ensuring that mining leaves a positive and lasting legacy. Looking ahead, we will continue to work in close partnership with our stakeholders in Ghana to deliver both safe and strong operational performance and meaningful social and environmental outcomes.”
Broader Strategy and Operations
Perseus’s activities in Ghana form part of its broader strategy to operate as a responsible gold producer, creating enduring value for shareholders, employees, communities, and host governments. The company is a multi-mine, Africa-focused gold producer, developer, and explorer with assets in Ghana, Côte d’Ivoire, Tanzania, and Sudan.
During the 2025 financial year, Perseus produced 496,551 ounces of gold. Ghana’s Edikan Gold Mine was Perseus’s first developed mine, achieving commercial production on 1 January 2012. Since then, Edikan has produced more than 2 million ounces of gold. For the year ended 30 June 2025, production totalled 177,167 ounces, accounting for 35% of Perseus Mining’s total output.
The mine supports over 1,100 direct and indirect jobs, providing vital opportunities for local communities. Perseus owns a 90 percent beneficial interest in the Edikan Gold Mine, with the remaining 10 percent held as a free-carried interest by the Government of Ghana.