Articles On Perseus Mining (ASX:PRU)

Highlights: The benchmark S&P/ASX 200 closed 3.75% up at 6,699.30 points on Tuesday (4 October 2022). All eleven significant sectors closed in green today. Information Technology sector led the gains. Materials sector closed 4.50%...

The ASX was down 1.25% on Friday, almost 6% for the month Most sectors were in the red, but gold miners led from the front Tech stocks dumped as Apple downgraded   The ASX 200 lost another 1.25% on Friday, taking its weekly loss to around...

The S&P/ASX 200 Index (ASX: XJO) dumped most of Thursday’s gains today. The index closed 1.23% lower at 6,474.20 points. That saw it posting a 1.53% week-on-week tumble and a 7.34% fall for the month of September. Today’s suffering fo...

Highlights: Australian stock market benchmark index, ASX 200 closed in red today (28 September 2022). Following the ASX 200, nine out of eleven significant sectors ended in red. With a rise of 1.90%, the utilities sector was the best...

The ASX was down 0.55% on Wednesday AUD drops below US64c RBA tells the ASX to improve its governance   The stock market continues to be volatile as local shares wiped yesterday’s gains to close 0.55% lower on Wednesday. The Tech sector l...

Accounting giant Ernst and Young says ESG has topped the list of miner’s fears for second year in a row, while Russia’s invasion of Ukraine, resource nationalism and Chinese tensions with the West have pushed geopolitics into second place....

The ASX 200 bounced back modestly on Tuesday Mining and Energy stocks led the bounce The Pound Sterling is volatile against the Dollar   The US Dollar is being a beast of a currency. It’s begun this week just like it finished last: taking...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

Resources stocks in high demand during the past fortnight with several attracting new substantial shareholders Newly listed Terra Uranium has a new substantial shareholder Rate sensitive sectors have lost substantial shareholders over the...

The ASX 200 falls 1.40% on Friday, taking its weekly loss to 2.15% Energy and gold stocks weigh as commodity prices fell overnight RBA Governor says he will keep on lifting rates Energy stocks once again weighed on the ASX 200, as the ben...

The ASX extends its 1% gain last week by another 1% on Monday Miners lead as commodity prices rally US CPI ahead tonight   The ASX tracked last Friday’s rally on Wall Street’s and jumped 1% straight out of the gates this morning. The inde...

Highlights: The benchmark index S&P/ASX 200 started Monday's ( 12 September) trading session on a higher note. Australian stock market took cues from the US stocks that finished higher on Friday (9 September). Sectors opened mixed...

ShareCafeKey week for US economic data as indexes produce strong weekly gains                    US equities were higher in Friday trading, finishing just off best levels. Each of the major averages were up more than 2.5 per cent for...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

We’ve seen a number of companies in the S&P/ASX 200 Index (ASX: XJO) turn ex-dividend this week. And this streak is only set to continue as more ASX 200 shares take away entitlements to their upcoming dividend payments. On Monday, th...

S&P/ASX 200 Index (ASX: XJO) gold shares recently all reported their full 2022 financial year (FY22) results or half-year results. And to get straight to the point, all five of them paid a final or interim dividend. But income investo...

The ASX finishes higher on Monday Energy / Resource only outperforming sectors  ASX 200 quarterly rebalance sees 8 stocks in and 8 stocks out of the index The ASX ended Monday higher by 0.2% and trimmed last week’s losses despite a weak l...

The ASX 200 falls 1.8% on Thursday Corelogic data shows Aussie home values fell again in August Suez Canal blocked again by tanker   It was one of the worst starts to the month for local shares as the ASX 200 tumbled by 1.8% on Thursday....

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AMX)) - Aerometrex ((AGI)) - Ainsworth Game Technology ((ALX)) - Atlas Arteria ((AUA)) - Audeara ((AMI)) - Aurelia Metals ((AVG)) - Australian Vintage ((DEL)) - Delorean...

01 Sep 2022 - Australian-based African gold miner Perseus Mining (ASX:PRU) boosted sales revenue 66% in the year to June 30 to more than $1.12 billion, thanks to higher production …

ShareCafeMining Morsels: PRU, SBM Australian-based African gold miner Perseus Mining (ASX: PRU) boosted sales revenue 66% in the year to June 30 to more than $1.12 billion, thanks to higher production and prices and a tight hold on costs. T...

Chinese Covid lockdowns continue to drive volatility for base metals and iron ore, as the price of Australia’s headline commodity drops below US$100/t Materials sector dips as major miners fall African goldie Perseus delivers record profit...

The ASX 200 fell on Wednesday, 0.50% higher for the month Energy and mining sectors were the main laggards Ahead tonight, US and Euro employment data and Euro zone GDP will be released   Australian shares tracked Wall Street lower today,...

The Perseus Mining Limited (ASX: PRU) share price is falling today, even after posting record earnings for FY22 and delivering a dividend surprise. The big jump in revenue and earnings from the African gold miner is driven by steady output...

Perseus Mining has more than doubled its annual profit to $233.6 million after enjoying the first full year of production from all three of its West African gold mines.

Perseus Mining (PRU) releases its maiden ore reserve for the initial stages of underground mining at the CMA orebody within its Yaouré gold mine in the Ivory Coast The new ore reserve sits at 2.2 million tonnes at 3.58 grams of gold per to...

ShareCafeMonday Market Minutes: Prometheus Unbound Welcome back to the depths of June and all the terrors that month had for investors large and small as Fed chair Jay Powell reminded all the “smart money” on Wall Street just who was boss....

It’s been a fairly disappointing start to the trading week this Monday for the S&P/ASX 200 Index (ASX: XJO). At the time of writing, the ASX 200 has fallen by 0.9% to just over 7,050 points. But it’s been even worse for the Newcrest Mi...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

The ASX 200 finished lower today Xero dragged down Tech sector  Australia’s jobless rate is at 3.4% lowest in almost half a century   The ASX 200 index fell for the first time this week, down by 0.30%, as Tech stocks dragged the bourse lo...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

ShareCafeAnother Busy Week in the Local Mining Space Even for the ever-dynamic local mining sector, the week just ended was a particularly busy one. Here’s the latest from Sandfire, St. Barbara, Regis, Perseus, Galena and Aeris. ………… Sandfi...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

ShareCafeEvening Report: 26 July, 2022 by Paul Sanger   The S&P/ASX 200 closed marginally higher on Tuesday in a reasonably quiet trading session as investors prepare themselves for the busiest week of corporate earnings in the US and W...

Highlights The ASX 200 benchmark index closed higher on Tuesday, up 0.26% at 6,807.30 points. With assistance from some banks and BNPL providers, energy and mining companies drove the advance. Top performing stocks featured Zip Compan...

Highlights The ASX 200 benchmark index closed higher on Tuesday, up 0.26% at 6,807.30 points. With assistance from some banks and BNPL providers, energy and mining companies drove the advance. Top performing stocks featured Zip Compan...

The ASX closes slightly higher on Tuesday Energy adds 2.8%, Miners, Resources and Industrials  Ahead tonight Microsoft and Alphabet earnings, this week the FOMC and Aussie June qtr CPI read   The ASX 200 is slightly higher on Tuesday ahea...

The S&P/ASX 200 closed above 6800 for the first time in almost six weeks as a rebound in resource stocks accelerated. The Australian benchmark climbed 17 points or 0.26 per cent to 6807, its highest close since June 10. Energy pro...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up 0.3% to 6,808.5 points. Four ASX shares that have failed to follow the market higher today ar...

Aussie shares marked time for a third session after weak earnings from Walmart dulled the outlook for tonight’s US trade.   The S&P/ASX 200 see-sawed between gains and losses before reaching mid-session 10 points or 0.15 per cent ahe...

DTM shares go wild over earn-in agreement with lithium major SQM WMG identifies disseminated magmatic sulphides over >300m at Mulga Tank TCG, ADN, and BEM also up on news  Here are the biggest small cap resources winners in early trade...

Perseus Mining is knocking on the door of becoming a 500,000 ounce per annum gold producer after solid performances by its three West African mines.

World Overnight SPI Overnight 6709.00 + 24.00 0.36% S&P ASX 200 6789.90 – 1.60 – 0.02% S&P500 3966.84 + 5.21 0.13% Nasdaq Comp 11782.67 – 51.45 – 0.43% DJIA 31990.04 + 90.75 0.28% S&P500 VIX 23.36 + 0.33 1.43% US...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

ShareCafeEvening Report: 20 July, 2022 by Paul Sanger   The Australian sharemarket surged higher today, posting its biggest single-day gain in over three weeks. The S&P/ASX 200 was a sea of green with just a few companies not posting ga...

ShareCafeLunch Report: 20 July, 2022 by Paul Sanger   Australian shares shot up 1.66 per cent in morning trading, hitting a fresh three-week high, led by tech and financials. This followed a rally in US stocks overnight, driven by upbeat...

Highlights: ASX 200 stocks witnessed a jump at the market open, pushed by the NASDAQ Composite that gained 2.9% in its last session. Reserve Bank governor Philip Lowe, in a speech today, has stated that cash rate would not peak too hig...

Nickel prices crossed the psychologically significant US$20,000/t mark overnight lifting the sector, as a fleck of optimism around China’s property market reinvigorated base metals. Nickel recorded a large 6.5% bounce to hit US$20,652/t, li...

The S&P/ASX 200 Index (ASX: XJO) slipped lower on Tuesday despite a strong performance by energy shares. The index closed down 0.56% at 6,649.60 points. The market was dragged lower by the S&P/ASX Information Technology Index (ASX...

The ASX 200 closed 0.6% lower today The RBA releases its meeting minutes Coal and Energy stocks rise again, while Tech and Healthcare lag The ASX 200 is down by 0.63% on Tuesday, shadowing the movements in Wall Street overnight. Tech and...