Perseus Mining’s Commitment to Ghana’s Socio-Economic Development
Perseus Mining (Ghana) Limited has consistently demonstrated its dedication to the socio-economic growth of Ghana through responsible and sustainable mining practices at its Edikan Gold Mine, located in the Central Region. This commitment is evident in the company’s operations and contributions over the past financial year.
For the year ending 30 June 2025, Perseus generated a direct economic value of GHS 4.6 billion within Ghana, reinforcing its role as a significant contributor to national development and inclusive economic progress. The company paid GHS 1.85 billion in taxes, royalties, levies, and dividends to the Government of Ghana during this period, highlighting its substantial financial contribution.
In addition to tax payments, Perseus spent GHS 2.4 billion with local suppliers, supporting the growth of Ghanaian businesses and strengthening supply chains. The company also allocated GHS 366.6 million in employee wages and benefits, while GHS 8.7 million was directed towards community development initiatives. These investments underscore Perseus’s focus on both internal and external stakeholders.
The Edikan Mine employs a fully Ghanaian workforce, showcasing the capabilities and maturity of local talent. This approach not only supports employment but also fosters a sense of ownership and pride among the local population.
Community and Environmental Impact
Perseus’s operations have had a lasting impact across various sectors, including education, livelihoods, and environmental stewardship. In FY2025, the company awarded 176 scholarships to students from host communities, bringing the total number of scholarships awarded since 2017 to 694. These scholarships aim to provide educational opportunities and empower future generations.
To support resilient community livelihoods, Perseus accelerated Phase Two of the Edikan Livelihoods Restoration Programme. This initiative now supports 11 smallholder pig farmers by providing 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.
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 GHS 16.6 million to fund future rehabilitation efforts in partnership with the Environmental Protection Agency (EPA).
The Edikan Mine has also advanced progressive rehabilitation programmes, managing over 29,000 seedlings, integrating mango and oil palm into restored land, and donating waste rock to support local road construction.
Leadership and Vision
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 Legacy
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 Edikan Gold Mine, which was Perseus’s first developed mine, achieved commercial production on 1 January 2012. Since then, Edikan has produced more than 2 million ounces of gold.
Perseus owns a 90% beneficial interest in the Edikan Gold Mine, with the remaining 10% held as a free-carried interest by the Government of Ghana.