Articles On Perseus Mining (ASX:PRU)

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Summary The Australian stock market opened flat on Friday despite the three major Wall Street stock indices closing higher overnight. However, the shares soon dipped and by 10:30 AM (AEST), the ASX 200 was trading at 7,277.10, down 0.3...

Summary The ASX 200 hit a new all-time high of 7300.5 in intraday trade on Friday, breaching Thursday’s intraday high of 7,281.8. The index closed higher for the third session, adding 35.30 points or 0.49% at 7,295.40. Bitcoin, Ether...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Summary The S&P/ASX200 is trading 5.20 points higher to 7265.30 by the afternoon. The index scaled a new intra-day high of 7282.3, before easing back. Healthcare, Industrials and Consumer Staples stocks gained over 1% each. ...

The S&P/ASX 200 Index (ASX: XJO) has slipped 0.1% from record all-time highs on Friday. This follows a weak overnight performance on Wall Street with all three indices, the Nasdaq Composite (NASDAQ: .IXIC), S&P 500 Index (SP: .INX)...

The Resolute Mining Limited (ASX: RSG) share price was in exceptionally strong form in May. With a gain of almost 26%, the gold miner’s shares were actually the best performers on the S&P/ASX 200 Index (ASX: XJO) last month. Why was th...

The S&P/ASX 200 Index (ASX: XJO) was on form in May and charged notably higher. The benchmark index rose for the eighth consecutive month, recording a 1.9% gain over the period to end at 7,162.6 points. While a good number of shares cl...

The benchmark index, ASX200, is set to close in the red on Monday, dragged down by the downbeat performance of software company Nuix Limited and hammering of the energy stocks by the investors. The market witnessed flat trade as caution pre...

The S&P/ASX 200 (ASX: XJO) has had a volatile start to the trading week. At market open this morning, the ASX 200 went on to hit yet another record all-time high, surpassing 7,200 points for the first time ever and topping out at 7,203...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Summary The ASX 200 is expected to open 0.5% or 34 points lower due to the weak closing of the US markets. The yield curve flattened further for a fourth consecutive session. Gold prices continued to scale higher and hit a more than f...

Resources sector including Spot Gold, Perseus Mining (PRU), Ramelius Resources (RMS), Northern Star (NST), and Gold Road Resources (GOR).

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

Summary Prices of commodities are soaring on the back of various factors. Gold has recorded an unexpected overnight surge to reach a 15-week high level. St Barbara (ASX:SBM) has lowered its FY21 guidance amid performance challenges....

Summary Extending gain for the third session, the ASX200 trades higher by 70 points or 0.51% at 7,059.30. Nuix led the pack with a 9% gain, while St Barbara nosedived over 10%, making it the top loser. Six of 11 sectors traded higher,...

Summary The ASX 200 is set to close higher for third straight session on Tuesday, led by gains in gold and energy stocks. Software firm Nuix Limited (ASX:NXL) emerged as top gainer today, rising 11.6% to AU$3.505. On the sectoral fron...

Summary The ASX 200 rose on Tuesday despite US stocks ending lower overnight. The domestic benchmark surged buoyed by gold and iron ore stocks. Despite the domestic equity benchmark rising today, tech shares slipped. The Australia...

Summary The ASX 200 opened higher on Tuesday and gained 25 points at the open. On Monday, Wall Street closed on a muted note, with all indices settling down. The investors would be closely tracking the Reserve Bank of Australia’s (RBA...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

In terms of gender balance, two of Perseus’ directors are women representing approximately 30% of directors.

One of the S&P/ASX 200 Index‘s (ASX: XJO) most gender imbalanced boards is taking a huge step towards gender diversity. Perseus Mining Limited (ASX: PRU) today announced it will welcome Amber Banfield to the role of non-executive direc...

Highlights of the report include zero fatalities in the history of the company and significant benefits for its host countries, including 96% of its employees coming from Ghana and Côte d’Ivoire.

Summary Newcrest Mining’s operating performance in the March quarter was in line with expectations. The company is on track to deliver FY21 guidance. Westgold Resources reported another solid result for the March 2021 quarter, beating...

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

Summary The Australian stock market traded higher on Thursday, buoyed by energy and gold stocks. However, gains were capped by weak earnings from supermarket giant Woolworths. By 1:05 PM (AEDT), the ASX 200 traded higher by 27.90 poin...

World Overnight SPI Overnight (Jun) 7059.00 + 18.00 0.26% S&P ASX 200 7064.70 + 30.90 0.44% S&P500 4183.18 – 3.54 – 0.08% Nasdaq Comp 14051.03 – 39.19 – 0.28% DJIA 33820.38 – 164.55 – 0.48% S&P500 VIX 17.28 – 0.28...

Summary Ramelius Resources shares closed 9.2% lower at AU$1.625 after the gold production company released quarterly activity report. The company produced 66,029 ounces of gold during the March quarter, in line with its projected guid...

Summary Metals X Limited (ASX: MLX) has reduced its production guidance for FY21. The miner’s total production for the quarter suffered a 25% blow, compared with the previous quarter. The company has increased its cash position by the...

Summary Northern Star Resources (ASX: NST) and Evolution Mining (ASX: EVN) have released their March quarterly results. Northern Star remains on track to achieve its cost and production guidance. Evolution Mining has improved its cost...

The publication, Top Australian Stock Picks – June Quarter 2021, contains Canaccord’s top 16 stock picks across a diverse group of sectors.

Production at the Yaouré mine ramped up in the March quarter and the company is confident of achieving its 2H guidance of 175-190,000 ounces at US$950-1150/ounce.

Production at the Yaouré mine ramped up in the March quarter and the company is confident of achieving its 2H guidance of 175-190,000 ounces at US$950-1150/ounce.

Summary Lynas Rare Earths Limited and Perseus Mining Limited have announced their March quarter ending results. Lynas has increased its total rare earth oxide production amid robust demand from magnet and catalyst sectors. Perseus has...

Summary ASX 200 futures is indicating a sizable lower opening of around 1.1% or 78 points. Concerns over rising COVID-19 cases in India continued to weigh on the oil market. The dollar index notched up 0.166%, after touching its lowes...

The company has released its March quarterly report, which showed solid increases in both gold production and sales.

The Perseus Mining Ltd (ASX: PRU) share price is one to watch in early trade after the Aussie miner’s latest quarterly report. Why is the Perseus share price on watch today? Perseus this morning provided its quarterly report for the period...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Source: Daniel Fung, Shutterstock Summary The ASX 200 traded lower on Friday, even as US stocks closed on a strong note overnight. The weakness in energy and financial stocks dragged down the index. Beach Energy, Monadelphous Group,...

Source: 89stocker, Shutterstock Summary Douugh announced the completion of the Goodments acquisition. The deal aids the Company’s expansion in the Australian markets. The acquisition would accelerate the launch of the Douugh Wealth of...

Source: katjen, Shutterstock The market could not extend yesterday's gains to today's session and traded in the red by lunchtime. It dropped 19.30 points and traded at 7039.30, down by 0.30%. Energy remained the worst performing sector. 6...

Source: seewhatmitchsee, Shutterstock Summary The ASX 200 on Friday opened flat even after US stocks closed mostly higher overnight. Origin Energy (ASX: ORG), Mineral Resource (ASX: MIN) and Whitehaven Coal (ASX: WHC) were top losers....

Source:Pixels Hunter, Shutterstock Summary Alcidion Group and Netccentric Limited have drawn market participants' attention driven by their recent ASX announcements. Alcidion Group was selected as a preferred provider for the Departme...

A glance through the latest expert views and predictions about commodities: gold; thermal coal; copper; aluminium/alumina; and iron ore -Mixed signals for gold-Heavy hand of China's government on coal-Deficits looming long-term for copper,...

Source: Monster Ztudio, Shutterstock Summary Pharmaxis’ shares rose on the sale of Russian distribution rights for Bronchitol ®. The pharmaceutical research firm will get A$2 million distributor appointment fee. The drug maker is rai...

Gold stocks were back in favour today, led by Resolute Mining, Perseus Mining and Red 5, but the real interest was in speculative stocks, with ...

Source: Sittipong Phokawattana, Shutterstock Summary The ASX 200 traded higher today on the back of gold and technology stocks, which were driven by a rise in inflation and a drop in borrowing costs. The gold stockswere in demand on a...

Source: leungchopan, Shutterstock The benchmark index ASX 200 traded higher today. Towards the end, it gained 39.90 points, up by 0.57% on Tuesday's closure. The majority of sectors traded in the positive territory today, and Information T...