First Stoping Operations at Perseus Mining's CMA Underground

Perseus Mining announced completion of the first underground production blast at its CMA Underground (Yaouré Gold Mine) in Côte d’Ivoire, marking the company’s first mechanised underground operation. Excavation of initial production ore has begun, and the project is ramping toward steady-state production targeted for Q3 FY27. The milestone supports expectations of higher‑grade underground mill feed and strengthens Perseus’s operational profile and reserve base, potentially improving company cash flow and investor sentiment toward the miner. Direct, immediate impact on the gold price (XAUUSD) is likely limited, but the development is a constructive supply/production signal for the company and the Ivorian mining sector over the medium term.