Articles On Perseus Mining (ASX:PRU)

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

Beyond continuing strong production at its Edikan and Sissingué gold mines, the company is focused on the development of its Yaouré gold mine by the end of the year.

Gold prices retraced to $US2,024/oz ($2,829/oz) on Tuesday, down from last week’s record of $US2,075/oz, as some investors started cashing out their profits. Market analysts said a comeback in the US dollar this week was checking gold price...

Yaouré Gold Project remains on schedule to achieve the stretch target of first gold pour in December 2020, subject to no COVID-19 related delays.

At lunch on Tuesday the S&P/ASX 200 Index (ASX: XJO) has followed the lead of U.S. markets and is surging higher. The benchmark index is currently up 2% to 6,044.7 points. Here’s what is happening on the market today: Big four banks bo...

In late morning trade the S&P/ASX 200 Index (ASX: XJO) is on course to record a very strong gain. At the time of writing the benchmark index is up 2.15% to 6,052.7 points. Four shares that have failed to follow the market higher today...

Spot gold prices broke new records this week, climbing as high as $US1,980/oz before retracing slightly. That surpasses the previous high set in September 2011. It also represents a scorching ~30 per cent gain since January, as investors co...

The S&P/ASX 200 index (XJO) made a strong start on Tuesday pushing above 6100 points, but it was all downhill in the afternoon with the index closing at its low for the day of 6021 points. However, early morning hype was a fairly poor i...

By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For the purpose of broker rating corre...

ShareCafeOvernight: Earnings In Focus World Overnight SPI Overnight (Sep) 6048.00 + 7.00 0.12% S&P ASX 200 6075.10 – 81.20 – 1.32% S&P500 3276.02 + 18.72 0.57% Nasdaq Comp 10706.13 + 25.76 0.24% DJIA 27005.84 + 165.44 0....

World Overnight SPI Overnight (Sep) 6048.00 + 7.00 0.12% S&P ASX 200 6075.10 – 81.20 – 1.32% S&P500 3276.02 + 18.72 0.57% Nasdaq Comp 10706.13 + 25.76 0.24% DJIA 27005.84 + 165.44 0.62% S&P500 VIX 24.32 – 0.52 – 2....

The BHP Group Ltd (ASX: BHP) share price tumbled this morning after brokers downgraded the stock along with another ASX miner. Shares in the Big Australian tanked 2.9% to $37.70 at the time of writing while the S&P/ASX 200 Index (Index...

ShareCafePRU – Macquarie rates the stock as Downgrade to Underperform from Neutral Perseus Mining ‘s June quarter featured sales and costs 13% and 4% better than Macquarie’s forecast but production -6% lower. First half FY21 guidance is bel...

The company’s Edikan and Sissingué operations performed strongly over the quarter and development at Yaouré is progressing on schedule and on budget.

THE managing director of rising West African gold producer Perseus Mining remains confident the company's new cornerstone mine in its drive to ...

The S&P/ASX 200 (ASX:XJO) is down nearly 10% from this time a year ago. In that time we’ve seen drought, bushfires, and COVID-19. But not all ASX share prices have been beaten down by current events. On that note, let’s take a look at...

West Africa-focused explorer Mako Gold (ASX: MKG) has confirmed the first assays from a 90-hole drilling program, which kicked off last month at its flagship Napié project in Côte d’Ivoire, have intersected two wide zones of high-grade go...

ShareCafeOvernight: No Reason Not To Buy World Overnight SPI Overnight (Sep) 5941.00 + 28.00 0.47% S&P ASX 200 5941.10 – 36.40 – 0.61% S&P500 3197.52 + 42.30 1.34% Nasdaq Comp 10488.58 + 97.73 0.94% DJIA 26642.59 + 556.7...

World Overnight SPI Overnight (Sep) 5941.00 + 28.00 0.47% S&P ASX 200 5941.10 – 36.40 – 0.61% S&P500 3197.52 + 42.30 1.34% Nasdaq Comp 10488.58 + 97.73 0.94% DJIA 26642.59 + 556.79 2.13% S&P500 VIX 29.52 – 2.67 – 8...

World Overnight SPI Overnight (Sep) 5892.00 – 45.00 – 0.76% S&P ASX 200 5977.50 + 58.30 0.98% S&P500 3155.22 – 29.82 – 0.94% Nasdaq Comp 10390.84 – 226.60 – 2.13% DJIA 26085.80 + 10.50 0.04% S&P500 VIX 32.19 + 4.90...

The current gold price rally is expected to continue into FY22; Subdued demand growth outlook for metals; Dividends forecasted for Metal stocks  -Gold price is expected to touch US$2000/oz in 2021-With China running out of things to build,...

The company remains on schedule to achieve the stretch target of first gold pour in December 2020 from what will be its third operating mine.

After a strong start to the financial year, the S&P/ASX 200 Index (ASX: XJO) gave back its gains and more during the coronavirus crisis. This led to the benchmark index ultimately recording a 10.9% decline for the 2020 financial year....

ShareCafeBest & Worst Performers On The ASX In FY 2019-20 There was the usual end of month, quarter, half-year and financial year window – dressing, tax selling and no doubt actual long term buying on the ASX yesterday. The last session...

Over the past 12 months, the S&P/ASX 200 (INDEXASX: XJO) is down 11%. But some ASX shares have bucked the trend and recorded major gains. We take a look at the top 10 performers over the past year.  Afterpay Ltd (ASX: APT) The Afterpay...

In late morning trade the S&P/ASX 200 Index (ASX: XJO) is following the lead of U.S. markets and tumbling notably lower. At the time of writing the benchmark index is down 1.35% to 5,824.3 points. Four shares that have not let that hol...

The S&P/ASX 200 (INDEXASX: XJO) is expected to open lower on Monday morning according to the Sydney Futures Exchange. The ‘second wave’ is here? Global sharemarkets will begin the week on a negative footing as it appears the second wave...

The company's first Sustainability Report covers its three operations: Edikan Gold Mine in Ghana, Sissingué Gold Mine and the developing Yaouré Gold Mine, both in Côte d’Ivoire.

At lunch on Wednesday the S&P/ASX 200 Index (ASX: XJO) has given back its morning gains and has dropped lower. The benchmark index is down 0.2% to 5,943.8 points. Here’s what has been happening on the market today: Afterpay hits record...

The company’s two producing gold mines, Edikan in Ghana and Sissingué in Côte d’Ivoire, produced a combined 57,983 ounces of gold during the March quarter.

In the last fortnight another two dozen directors of ASX small caps made trades above $100,000 and a number of them chipped into potash stocks. COVID-19 was the last thing potash stocks needed having been struggling prior to the pandemic. T...

A $60 million stake in Perseus Mining was being sold by Canaccord Genuity after market on Tuesday evening.

The company’s two producing gold mines, Edikan in Ghana and Sissingué in Côte d’Ivoire, produced a combined 57,983 ounces of gold during the March quarter.

S&P Dow Jones Indices has announced the quarterly rebalance of the entire S&P/ASX index hierarchy, revealing which companies have been added and removed. This review of the ASX’s major indices – the S&P/ASX 20, 50, 100, 200, 300...

By Rudi Filapek-Vandyck, Editor FNArena Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For the purpose...

In the latest S&P Dow Jones rebalancing, Centuria Industrial REIT, Megaport and Perseus Mining join the ASX 200.

The rebalancing to the ASX 200 (ASX: XJO) has been announced this morning. Why is this happening? Every quarter the S&P Dow Jones changes which businesses will be added and removed from the various indices. The idea is that the growing...

Paradigm Biopharmaceuticals has been added to the S&P/ASX 300 Index while Alkane Resources, De Grey Mining, Legend Mining, Greenland Minerals and Salt Lake Potash are additions to the All Ordinaries index.

This morning S&P Dow Jones Indices announced the June 2020 quarterly rebalance of the S&P/ASX Indices. This is when a number of shares are added or removed from particular indices. Which can be a bigger deal than you might think, a...

Gold has outperformed most major asset classes this year including all major US stock indexes to be up by more than 15 per cent, according to the World Gold Council. Despite the seemingly bullish environment for risk assets in May — global...

In Canaccord’s view, the most obvious synergy presented by the acquisition is the opportunity to exploit high-grade, near-surface free-milling gold resources.

Perseus Mining intends to acquire Exore Resources for a total consideration that values Exore at around $59.8 million. The parties have entered into a Scheme Implementation Deed which will see Perseus acquire 100 per cent of Exore. Exore ha...

It’s a done deal. Perseus Mining Ltd [ASX:PRU] has acquired Exore Resources Ltd [ASX:ERX]. A major agreement that has seen the latter’s share price climb 37.1% higher today. What it means is that Perseus will gain full control and rights to...

The Exore Resources Ltd (ASX: ERX) share price is going through the roof today after announcing it is set to be acquired by Perseus Mining Limited (ASX: PRU). At the time of writing, Exore shares are sitting 38.71% higher for the day while...

Perseus Mining (ASX: PRU) is set to scoop up all the issued capital in Exore Resources (ASX: ERX) in an all-share transaction that values Exore at up to $64 million, with both companies’ boards endorsing the takeover that will result in a d...

The company has entered a scheme of arrangement to acquire Exore Resources in an all-share transaction that values Exore at around A$59.8 million.

03 Jun 2020 - Perseus Mining (ASX:PRU) will acquire junior Exore Resources in a $64 million all scrip deal.

ShareCafeAustralia…One Hour In…ASX Up 61 Points We are waiting on eco data including GDP growth rates, Services, and Composite PMI, Building Permits. Not expecting anything great due to the bushfires and virus but the commentary always sets...