Perseus Mining Ltd (ASX:PRU) in Franklin Gold and Precious Metals Fund Q2 2024

Expanding Production in West Africa with Strong Growth Prospects

Apr 15, 2025

Summary

Investment rationale: Significant growth potential in West Africa.
Market positioning: Key operations in Ghana, Côte d'Ivoire, and Sudan.
Risks and challenges: Political and operational risks in emerging markets.
Recent performance: Contributed 3.81% to the fund's holdings.
Future outlook: Focus on increasing production and resource base.

Perseus Mining Ltd (ASX:PRU, Financial) was featured in the Franklin Gold and Precious Metals Fund's Q2 2024 commentary as a promising investment due to its expanding operations in West Africa. The fund managers highlighted Perseus Mining's successful track record of project development and its potential to significantly increase production in the coming years.

"Perseus Mining's strategic focus on high-growth regions and its ability to execute on development projects make it an attractive investment." — Franklin Gold and Precious Metals Fund, Q2 2024 Fund Letter

Read full letter at gurufocus franklin gold and precious metals fund q2 2024 commentary 2024 Q2 page.

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