Articles On Perseus Mining (ASX:PRU)

The All Ordinaries Index (ASX: XAO) is in the green on Wednesday, lifting 0.62%, helped along by these shares. Interestingly, they’ve found themselves among the index’s leaders without uttering a single word to the market today. Let’s tak...

Highlights The S&P/ASX All Ordinaries Gold Index (ASX:XGD) was up 2.47% at 6,533.20 points at 11:08 AM AEST today. Eight of 11 sectors traded higher today, while Materials was one of today's best performing sectors. A rise in gold...

Highlights ASX 200 extended losses by 20.10 points today. Technology remained the top losing sector while financials cheered the market. Tabcorp, Nufarm, Allkem were some newsmakers of the day. Australian shares finished today’s t...

ShareCafeEvening Report: 24 May, 2022 by Melissa Darmawan   Australian shares ran out of steam and closed at session lows as investors mulled on whether the fresh stimulus from Beijing is enough to offset China’s lockdowns as tech shares se...

Today, the S&P/ASX 200 Index (ASX: XJO) weakened as sentiment soured following Snapchat‘s (NYSE: SNAP) profit warning. At the end of the session, the benchmark index finished 0.28% lower at 7,128.8 points. Local investors tip-toed thro...

Cooking oil salvaged from your soggy Maccas chips could help Rio Tinto (ASX:RIO) reduce emissions from shipping its iron ore across the globe. The Anglo-Australian mining behemoth has launched a trial with energy giant BP to curb emissions...

ASX 200 is down 0.30% The Lottery Corp makes its debut on the ASX  Tech weighs heavily after Snap Inc warning   The ASX 200 traded in a volatile range today, but ended the day down by 0.3%. The index was up by 0.20% but was not able to ho...

Perseus Mining (PRU) acquires the remaining amount of Orca Gold shares through a statutory plan of arrangement Prior to the deal, Perseus owned roughly 15 per cent of Orca, but it now owns 100 per cent Under the deal, Orca shareholders rec...

Highlights Gold prices jumped on Wednesday due to the weakening dollar and the aggressive approach of the Federal Reserve on inflation. The ASX All Ordinaries Gold Index was up 0.64% at 6,208.80 points today. The shares of major gold...

The S&P/ASX 200 Index (ASX: XJO) is tumbling on Thursday after US shares suffered a sell-off overnight. Today’s dip has seemingly been born from concerns the United States could be heading for a recession after a disastrous Wednesday o...

Gold stocks salvage something from the wreckage after a rough morning for Aussie miners BlueScope Steel rated a buy by Goldman Sachs analysts   A smattering of gold stocks have salvaged some value from the wreckage this morning as falling...

Miners and energy producers steered the share market to a third straight advance after Chinese progress against Covid outbreaks boosted commodity prices. The S&P/ASX 200 rallied 19.5 points or 0.27 per cent. The Australian benchmark...

Orca Gold shareholders approve the C$215 million (A$239 million) takeover deal by Perseus Mining (PRU) Earlier this year, Perseus announced its plans to buy all the outstanding common shares of Orca that it does not already own Completion...

Metals prices rebound as China promises to support economy coming out of Covid lockdowns Iron ore and coal miners perform well as materials stocks lift 0.82% and energy rises 1.55% Perseus and OZ Minerals chase growth with acquisitions W...

Aussie shares pushed for a third straight advance for the first time in a month as gains in commodity stocks offset weakness in tech and healthcare. The S&P/ASX 200 rallied 14 points or 0.2 per cent by mid-session. Rebounds in iro...

ShareCafeEvening Report: 16 May, 2022 by Lauren Evans   Australian shares struggled to maintain their early morning rally after China revealed that it had suffered an 11.1 per cent drop in retail sales during April, which was worse than exp...

ShareCafeLunch Report: 16 May, 2022 by Lauren Evans   The Aussie sharemarket has advanced this morning buoyed by a jump in Brambles (ASX:BXB) and tech shares. This comes after an optimistic finish on Wall Street, which saw a relief-rally fo...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Highlights The S&P/ASX 300 Metals & Mining Index closed 2.02% lower in its last session. S&P/ASX All Ordinaries Gold Index was also 1.95% down. Gold stocks like Newcrest Mining, Evolution Mining and Preseus Mining did not...

Kairos Minerals (KAI) appoints Klaus Eckhof as Non-Executive Chairman, effective immediately, and Peter Turner as Managing Director, effective May 23 In conjunction with the appointment of Mr Eckhof and Dr Turner, Neil Hutchison has resign...

To find 10-bagger stocks investors often go “where the industry is less comfortable”: Rick Rule But risks abound. Lithium favourite AVZ is the latest ASX stock to potentially come unstuck in a Third World jurisdiction Global energy transit...

Where are ASX shares heading? It’s the question we’d all love to know the answer to at any given time. But in a year of turmoil like 2022, it would be even more useful to know. While no one has a working crystal ball, there are observation...

Kairos Minerals has initiated a high-level strategic review of the company’s mineral project portfolio, assets, as well as costs across the board. The review will assess KAI’s Pilbara lithium and gold assets along with the Roe Hill project...

Garimpeiro is glad the quarterly reporting period for the Aussie gold miners has come to an end. The endless complaints about rising costs due to COVID impacts and higher energy costs became unbearable. True, there was real cost pressure on...

The Perseus Mining Ltd (ASX: PRU) share price is tracking lower today despite the company posting a record result for the past three months of activity. In its March quarter report released today, the gold exploration company said that i...

Highlights The ASX 200 Index closed 1.44% lower today at 7,482.40. Materials sector reported the highest fall of 3.12%, followed by the IT and energy sectors. ASX All Ordinaries Gold Index also closed 2.46% lower at 7,320.10 today....

Perseus Mining (PRU) completes drilling at its Nkosuo prospect in Ghana, ahead of a maiden mineral resource estimate (MRE) Results so far include up to 87.3 grams of gold per tonne and according to PRU show similarities to the gold mineral...

Highlights The ASX 200 climbed 0.1%, or 7.2 points, to 7485.2. Major banks posted solid gains which offset losses across the technology sector. Global market sentiments are majorly being driven by developments around Russia-Ukraine wa...

Today, the S&P/ASX 200 Index (ASX: XJO) barely held onto a green finish after reversing from its early morning gains. At the end of the session, the benchmark index finished 0.1% higher at 7,485.2 points. Investors favoured consumer s...

ASX 200 seesaws to close flat Aussie 10-year bond yields at 7-year high China’s inflation rises and beats expectations The ASX 200 opened higher this morning but lost momentum by midday as Aussie bond yields marched to multi-year highs. A...

Financial stocks led the way as the ASX 200 dipped by around 0.5%. Large cap coal stocks also found demand following news of more Russia sanctions ASX 200 tech companies fell sharply, after leading the market on Monday ASX large caps outp...

Highlights Gold prices have fallen further, continuing last week’s decline. Newcrest Mining shares have begun the week higher against the gold price pull back. NCM share price has gone up without any price sensitive announcements....

Highlights ASX 200 closed 0.1% lower and ended the week 1.2% stronger to post the third consecutive week of increases. While tech and consumer discretionary sectors came under pressure, materials was the best performing sector today....

ASX starts the quarter flat RBA appoints a new female deputy governor Property prices still up nationally in March   Local shares closed flat to start the first day of a new quarter. For the week, the ASX 200 index was up 1.32%. Energy an...

The Chamber of Minerals and Energy is one of the most powerful lobby groups in WA, and come budget and election time they tend to have a tight bind around government policy. Backed by groups like BHP (ASX:BHP) and Rio Tinto (ASX:RIO) they t...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

The share market logged its highest close in nine weeks as banks and battered growth stocks took over the running from miners and oil producers. The S&P/ASX 200 climbed 37 points or 0.5 per cent to its fourth gain in five sessions. A...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

World Overnight SPI Overnight 7290.00 + 106.00 1.48% S&P ASX 200 7175.20 + 77.80 1.10% S&P500 4357.86 + 95.41 2.24% Nasdaq Comp 13436.55 + 487.93 3.77% DJIA 34063.10 + 518.76 1.55% S&P500 VIX 26.67 – 3.16 – 10.59%...

World Overnight SPI Overnight 7138.00 + 41.00 0.58% S&P ASX 200 7097.40 – 52.00 – 0.73% S&P500 4262.45 + 89.34 2.14% Nasdaq Comp 12948.62 + 367.40 2.92% DJIA 33544.34 + 599.10 1.82% S&P500 VIX 29.83 – 1.94 – 6.11%...

World Overnight SPI Overnight 7087.00 – 61.00 – 0.85% S&P ASX 200 7149.40 + 85.80 1.21% S&P500 4173.11 – 31.20 – 0.74% Nasdaq Comp 12581.22 – 262.59 – 2.04% DJIA 32945.24 + 1.05 0.00% S&P500 VIX 31.77 + 1.02 3.32%...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

The VanEck Gold Miners ETF (ASX: GDX) has significantly outperformed Australia’s benchmark index in 2022 so far. It has gained an impressive 20.5% since the start of this year, compared to the S&P/ASX 200 Index‘s (ASX: XJO) 7.3% tumbl...

Highlights Gold price firms up, reaches US$2000 an ounce. Gold demand peaks as Russia-Ukraine war impedes global growth, increasing risks of stagflation. ASX gold stocks on watch are NCM, NST, EVN and PRU registering gains in-line....

ASX gold shares are bucking the wider selling trend gripping share markets today. While the All Ordinaries Index (ASX: XAO) is down 1.2% in afternoon trading, the S&P/ASX All Ordinaries Gold Index (ASX: XGD) has gone the other way, up...

The S&P/ASX 200 Index (ASX: XJO) is having a fairly disappointing start to the trading week so far this Monday. At the time of writing, the ASX 200 is down by 0.76% at under 7,100 points. But bucking that trend so far this morning is t...

Australian stocks were poised to start the week higher as investors balanced strength in commodities against declines on Wall Street.   The S&P/ASX 200 looked set to open 28 points or 0.39 per cent ahead, according to futures action....

On 04 March 2022, the equity market of Australia ended in red. On the same day, ASX Midcap50 fell by 1.07% and ASX 200 was down by 0.57%. ASX All Ordinaries went down by 0.69% to 7,395.30. Data Source: ASX, Table Source: Copyright © 2021...

Highlights The ASX 200 snapped its 5 day winning streak today, was down 0.6% to close at 7110. Fears over Russian shelling at Europe's biggest nuclear plant in Ukraine weighed on the global market sentiment today. Investors globally r...

News of a fire at Ukraine’s Zaporizhzhia nuclear power plant after an attack by Russian forces has spooked the markets. The active power plant, located in the southeast of Ukraine and also Europe’s biggest, had caught fire after fierce figh...