Perseus swings to profit in interim period

A weaker Australian dollar and higher gold production from the Edikan mine, in Ghana has resulted in dual-listed gold miner Perseus Mining reporting a significant swing in profit during the interim period ended December. The miner on Monday announced that after-tax net profit for the half-year increased by 1 123% on the previous corresponding period, with the company swinging from a net loss of A$4-million to a profit of A$41.1-million.