Articles On Perseus Mining (ASX:PRU)

The S&P/ASX 300 Index (ASX: XKO) is sliding again today, adding to yesterday’s 0.27% loss. During afternoon trade, the ASX 300 is down a further 0.33% to 7,278.9 points. This means that the index has dropped around 3.5% since the start...

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

The ASX 200 followed Wall Street lower in Tuesday trade, in line with what looks like the emergence of a broader global trend; buy oil and gold, sell tech. The ASX 200 Energy index is up by around 18% since September 20, and oil & gas s...

Garimpeiro mentioned back on July 25 that he had grown a bit bored with the local gold exploration scene and that he was off to the wilds of West Africa in search of action. He came up with a couple of West African gold specialists to keep...

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

Today, the S&P/ASX 200 Index (ASX: XJO) suffered another fall following in the footsteps of US markets overnight. The benchmark index tumbled 1.08% to 7,196.7 points. Some of the hardest hit shares on the Aussie market were from the e...

The ASX 200 has recouped some of its lunch time losses and closed the day lower by just 1.08%, after falling by 1.7% at the half way mark of the session.. The local bourse followed moves in US and European equities overnight, as a broad-bas...

Highlights The ASX 200 was up 0.25% or 18.7 points to 7,361.3 at the open. Seven out of the 11 sectors were trading higher with the Metals and Mining sector leading with a 0.3% gain Limeade, Inc received a notice of contract terminati...

Highlights The ASX 200 index fell 27.6 points as gold miners led the market losses and fears around the ability of Evergrande to pay its debts persist. Asian markets finished mixed as of the most recent closing prices while the S&P...

Here we are, finally at the end of a long week that promised to descend into carnage at the big end of town — before petering out to a scratch. The potential collapse of Evergrande and a flailing iron ore price had several business news wri...

The ASX 200 finished the week on a low note, falling by 0.41% for the day and down 0.68% for the week. Prior to today, the local bourse was on a three-day winning streak, following the big 2.1% crash on Monday. Energy was the best performin...

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) looks set to end the week on a disappointing note. At the time of writing, the benchmark index is down 0.4% to 7,341.4 points. Four ASX shares that are falling more than most today a...

Highlights Australian benchmark index, the ASX 200, declined as much as 0.4% by mid-session on Friday. Eight of the 11 sectors were trading in red, while energy sectors emerged as the top performer. Centuria Industrial REIT, Cochlear,...

The ASX 200 lost 0.92% today, taking the benchmark index lower by 0.20% for the week. The local market was trading in the red since the opening bell, with miners hit especially hard. The Mining sector was the worst performer today, falling...

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

The Chalice Mining Ltd (ASX: CHN) share price is plummeting today despite no news having been released by the company. Though, the company’s share price might be suffering alongside the price of gold. If that’s the case, Chalice isn’t alon...

The ASX 200 index traded in the red since the opening bell, but pared losses towards the close and ended just 0.27% lower. The loss followed action on Wall Street overnight, as US investors digested weaker than expected US CPI data. The ene...

Today, the S&P/ASX 200 Index (ASX: XJO) slipped lower on weakness in energy and mining shares. The benchmark index moved 0.27% lower to 7,417 points. While it wasn’t quite the day for some sectors, healthcare, tech, and real estate pe...

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

West Africa explorer Mako Gold (ASX: MKG) has reported that the Gogbala prospect at its 296 sq km flagship Napie project is shaping up as a lookalike for the already successful Tchaga prospect. Latest results from Cote d’Ivoire indicate tha...

Good blokes that lot over at BHP (ASX:BHP), who say they have kindly pumped $34.1 billion into the Australian economy this year. Of course $12.4 billion  of that came in the form of taxes and royalties they have to pay as a function of thei...

The ASX 200 finished lower today by 0.36% after recovering from a 0.72% fall at the open. The iron ore spot price rebounded overnight by almost 5%, but iron ore plays did not respond to the move today, with major players like Fortescue (ASX...

Highlights By lunchtime, the ASX 200 was trading 0.44% or 32.8 points down at 7,497.5. Gold miners and energy shares are taking a beating as commodity prices fell overnight. Centuria Capital Group has acquired a Port Adelaide office b...

Highlights The ASX 200 opened the day 90 points or 0.13% lower at 7,520.40 after Wall Street ended mixed overnight. Domestic investors are keeping a close eye on labour data, which is scheduled to be released today. On Wall Street, th...

Copper explorer Caravel Minerals (ASX: CVV) has announced new executive and advisory appointments to help move its namesake copper project through feasibility studies and prepare for the transition into an operating mine. The company has ap...

Perseus completed the construction and commissioning of its third gold mine, Yaouré, in FY2021 while maintaining steady operating performance at its two other gold mines, Sissingué and Edikan.

BHP (ASX:BHP) lost nearly 7% after trading ex-dividend today, and has wiped all of its 2021 gains and more. The BHP stock price was also under pressure after spot iron ore price fell by almost 6% overnight. Meanwhile, it’s been a reporting...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((A2M)) - a2 Milk Co ((AIM)) - Ai-Media Technologies ((AGI)) - Ainsworth Game Technology ((AIZ)) - Air New Zealand ((ANP)) - Antisense Therapeutics ((APX)) - Appen ((ALG))...

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

There were record profits posted for a couple of mid-tier gold miners on Thursday in what was a largely negative trading day for the majors. Africa gold miner Perseus Mining (ASX:PRU) saw a 48% rise in NPAT to $139.4 million in FY2021 and 1...

The Perseus Mining Ltd (ASX: PRU) share price is edging higher on Thursday after the Aussie miner reported a 48% surge in net profit for the year ended 30 June 2021 (FY21). Perseus share price lifts after first ever dividend Some of the bi...

Highlights Australian benchmark index, the ASX 200, declined 0.64% by lunch. The market witnessed broad-based sell-off as nine of 11 sectors trade in red. Technology firm Appen and infant formula company A2 Milk topped the losers list...

The company also increased its FY2021 EBITDA by 11% on the previous financial year to A$303.1 million.

The ASX 200 made it 3/3 to start the week, closing 0.39% higher in Wednesday trade. Gains were assisted by the big miners, which got back in the saddle following last week’s iron ore-led selloff. Energy stocks rose again amid the more bulli...

With the S&P/ASX 200 Index (ASX: XJO) still hovering at record highs this results season, investors may have to turn to lesser-known businesses for a bargain on the way up. Fairmont Equities managing director Michael Gable told his cli...

Perseus says Yaouré will produce 260,000 ounces of gold per year, making up more than half of the company’s stated annual goal of 500,000 ounces.

The company’s Edikan, Sissingué and Yaouré gold mines all contributed to Perseus maintaining its record of consistently strong operating performances.

The company’s Edikan, Sissingué and Yaouré gold mines all contributed to Perseus maintaining its record of consistently strong operating performances.

The company’s Edikan, Sissingué and Yaouré gold mines all contributed to Perseus maintaining its record of consistently strong operating performances.

Cannacord doubled down on its support for Perseus this week, tweeting “We continue to see @PerseusMining as a sector standout, noting expectations for strong FCF generation and potential for capital management initiatives."

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

Asian stocks lacked direction today as investors are keenly waiting for US inflation data. The Nikkei 225 in Tokyo was up close to 1% to 28,069.28 and the Shanghai Composite Index was trading flat at 3,532.23. The Kospi in South Korea was d...

The ASX 200 touched new fresh intraday highs today of 7,615, before softening towards the close to 7,576 for a 0.19% gain. Utilities, energy, and miners were the best performers, while tech and telco stocks underperformed. Commonwealth Bank...

Summary  At the closing, the ASX 200 was 24.2 points higher at 7,562.6, taking cues from what was a mixed session in US markets. Among the ASX 200 stocks, Pilbara Minerals Limited was the top gainer, gaining 10.95%. Gold stocks were t...

After a sluggish start, the ASX200 posted a solid session with steady gains across all the major indexes. Gains were led by the IT sector, on another good day for Afterpay (ASX:APT) which has continued to track higher following last week’s...

Summary Australian benchmark index, the ASX 200, ended flat, paring early gains. During the day’s trade, the index gained as much as 0.4% to hit a new high of 7,567 points. Barring IT, utilities and health care, all indices ended in r...

Summary The Australian benchmark index, ASX 200, rose 0.30% to scale a new height of 7,560.90 points by lunch.   Six of the eleven sectors were in the green, while financials topped the chart with 1.5% gain. Financial services firm Su...