Perseus Mining Blasts Côte d'Ivoire Mine
Analysis based on 9 articles · First reported Apr 27, 2026 · Last updated Apr 28, 2026
The successful first production blast at Perseus Mining's CMA Underground project is expected to positively impact Perseus Mining's stock price due to the progression towards steady-state production and higher-grade ore. This event also signals a significant development for the mining sector in Ivory Coast, potentially attracting further investment.
Perseus Mining announced the successful completion of the first underground production blast at its CMA Underground project, located at the Yaouré Gold Mine in Ivory Coast. This milestone marks the commencement of excavation of the first production ore and signals the project's ramp-up towards steady-state production, anticipated by Q3 FY27. The CMA Underground mine is notable as both the first mechanised underground mine in Ivory Coast and the first for Perseus Mining, highlighting the company's role in developing mining skills in the country. Craig Jones, Managing Director and CEO of Perseus Mining, emphasized the significance of this achievement, which is the culmination of extensive development and infrastructure installation.
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