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PERTH - Perseus Mining Limited (ASX/TSX:PRU), a profitable mining company with a market capitalization of $36.46 billion, announced Wednesday that Craig Jones has officially assumed the role of Managing Director and Chief Executive Officer, effective October 1, 2025. According to InvestingPro data, the company has demonstrated strong financial performance with $59.21 billion in revenue over the last twelve months.
Jones replaces Jeff Quartermaine, who retired on September 30 after serving as the company’s Managing Director and CEO. The leadership transition began when Jones joined Perseus Mining as CEO-Designate on August 18, 2025.
The gold producer, which operates mines across West Africa, had previously disclosed details about Jones’s experience and remuneration package in a market release dated August 1, 2025.
Perseus Mining’s Board Chairman Rick Menell authorized the announcement of the leadership change. The company maintains its primary listing on the Australian Securities Exchange and a secondary listing on the Toronto Stock Exchange.
The announcement comes as Perseus continues its operations as a significant gold producer in the West African region, where it has established multiple mining operations.
This article is based on information provided in a company press release statement.
In other recent news, Prudential Financial Inc. reported its second-quarter earnings for 2025, surpassing earnings per share expectations with a figure of $3.58, compared to the forecasted $3.24. However, the company’s revenue slightly missed projections, reporting $13.5 billion against an expected $13.54 billion. Additionally, Prudential Financial announced it will pay a quarterly dividend of $1.35 per share of Common Stock on September 11, 2025, to shareholders of record as of August 19, 2025. In another development, Prudential Financial has elected Joseph Wolk, Johnson & Johnson’s CFO, to its Board of Directors as an independent director. Wolk will also join Prudential’s Audit and Finance Committees. Meanwhile, Perseus Mining Limited announced that its CEO, Jeff Quartermaine, will retire on September 30, 2025. Craig Jones, a former Newcrest executive, will join Perseus on August 18 and take over as CEO on October 1, 2025.
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