PRU has released its annual resource and reserve statement for its three operating West Africa assets. After mining depletions during FY24, the reserve base remains strong at a total of 2.9Moz for Edikan, Yaouré and Sissingue. We retain our Buy Recommendation with a slight increase to our Price Target from $2.90 to $3.10 after gold price movements and mine life extensions at Sissingue.
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