Articles On Perseus Mining (ASX:PRU)

Many ASX 200 miners are trading in red today as the commodity market now seems to be taking a breather. Ramelius Resources Limited (ASX: RMS) is one of the top losers with price cuts of over 4 per cent, Perseus Mining Limited (ASX:PRU) is d...

Summary ASX 200 recorded its best month in three decades, reaching nine-month high with 11.4% gain. Dow Jones also surpassed 30,000 mark and Nasdaq Composite touched new all-time high during the week, amid Christmas shopping. Bega Che...

The S&P/ASX 200 Index (ASX: XJO) fell by around 0.5% to 6,601 points. Here are some of the highlights from the ASX today: Treasury Wine Estates Ltd (ASX: TWE) The Treasury Wine Estates share price fell by over 11% before going into a...

The Bega Cheese Ltd (ASX: BGA) share price is among the top performers today but the stock could have further upside. The BGA share price surged 6.7% to $5.40 in late afternoon trade after it came out of a trading halt. This makes the stoc...

Looking ahead, commissioning and ramp-up of production at Yaouré is a major objective for the coming months. 

The S&P/ASX 200 Index (ASX: XJO) rose by around 1.25% today to 6,644 points. Here are some of the main highlights from the ASX today: Some resource ASX shares surged higher today, except gold Gold was the one resource sector to suffer...

The company’s Edikan and Sissingué mines in West Africa continued to perform strongly in the September 2020 quarter relative to the prior quarter, with gold production up 6% to 68,772 ounces.

Emerging Cote d’Ivoire gold producer Tietto Minerals (ASX: TIE) has received environmental approval for its three million-ounce Abujar gold project. The West African country’s Ministry or Environmental and Sustainable Development has approv...

Gold production and cost guidance for the December 2020 half year remains unchanged at 125,500 to 139,000 ounces at an all-in sustaining cost of US$940 to US$1,025 per ounce.

In afternoon trade the S&P/ASX 200 Index (ASX: XJO) has followed the lead of U.S. markets and is dropping lower. At the time of writing, the benchmark index is down 0.25% to 6,213.3 points. Fours shares that are falling more than most...

The gold producer has also outlined plans to extend the future of both of its operating West African mines

There’s 191 ASX gold stocks on our list — from $25bn behemoth Newcrest (ASX:NCM) all the way down to $4.7m tiddler African Gold (ASX:A1G) – with a combined market cap of ~$82.8bn. Despite running out of puff in August and September the gold...

With Yaouré coming online, Perseus’ production levels from FY2022 should be around 500,000 ounces of gold per year.

The company now intends to undertake a definitive feasibility study (DFS), including drilling from next month, to confirm the technical and financial viability of a development concept.

29 Sep 2020 - Perseus Mining (ASX:PRU) completed the Scheme of Arrangement with Exore Resources acquiring all of their assets.

ShareCafeOvernight: Running Scared World Overnight SPI Overnight (Dec) 5850.00 – 55.00 – 0.93% S&P ASX 200 5923.90 + 139.80 2.42% S&P500 3236.92 – 78.65 – 2.37% Nasdaq Comp 10632.99 – 330.65 – 3.02% DJIA 26763.13 – 525.0...

World Overnight SPI Overnight (Dec) 5850.00 – 55.00 – 0.93% S&P ASX 200 5923.90 + 139.80 2.42% S&P500 3236.92 – 78.65 – 2.37% Nasdaq Comp 10632.99 – 330.65 – 3.02% DJIA 26763.13 – 525.05 – 1.92% S&P500 VIX 28.58 +...

The West African gold producer recorded a net profit after tax of A$94.4 million in FY20 compared to a net profit after tax of A$7.6 million in the previous financial year.

The S&P/ASX 200 Index (ASX:XJO) dropped by 0.3% today, declining to 5,864 points. Gold miners rise again Over the past couple of weeks the share prices of ASX 200 gold miners have been rising as other shares like the FAANG stocks have...

Perseus will gain a dominant gold landholding in Cote d’Ivoire following the acquisition of Exore with 2,000 square kilometres of exploration ground within trucking distance to the Sissingué operations.

Perseus will gain a dominant gold landholding in Cote d’Ivoire following the acquisition of Exore with 2,000 square kilometres of exploration ground within trucking distance to the Sissingué operations.

A glance through the latest expert views and predictions about commodities. Gold; copper; iron ore; and thermal coal. -Continued upward pressure on gold price underpins sector-Copper supply risk may have peaked in 2020-Steel output in China...

ShareCafeOvernight: Tech Presses On World Overnight SPI Overnight (Sep) 5941.00 + 44.00 0.75% S&P ASX 200 5894.80 – 4.70 – 0.08% S&P500 3401.20 + 17.66 0.52% Nasdaq Comp 11190.32 + 133.67 1.21% DJIA 27995.60 + 2.27 0.01%...

World Overnight SPI Overnight (Sep) 5941.00 + 44.00 0.75% S&P ASX 200 5894.80 – 4.70 – 0.08% S&P500 3401.20 + 17.66 0.52% Nasdaq Comp 11190.32 + 133.67 1.21% DJIA 27995.60 + 2.27 0.01% S&P500 VIX 25.59 – 0.26 – 1.0...

The S&P/ASX 200 Index (ASX: XJO) dropped slightly by 0.08% to 5,895 points. ASX miners were the strongest performers today in the ASX 200. ASX mining industry soars It was a strong performance by the mining community today. Gold miners...

This move follows the approval of Exore shareholders for the scheme agreement on September 10.

ShareCafeOvernight: Back In Business World Overnight SPI Overnight (Sep) 5893.00 – 13.00 – 0.22% S&P ASX 200 5899.50 + 40.10 0.68% S&P500 3383.54 + 42.57 1.27% Nasdaq Comp 11056.65 + 203.11 1.87% DJIA 27993.33 + 327.69 1...

World Overnight SPI Overnight (Sep) 5893.00 – 13.00 – 0.22% S&P ASX 200 5899.50 + 40.10 0.68% S&P500 3383.54 + 42.57 1.27% Nasdaq Comp 11056.65 + 203.11 1.87% DJIA 27993.33 + 327.69 1.18% S&P500 VIX 25.85 – 1.02 –...

Perseus is expected to deliver over $1.4 billion in free cash flow over the next 5 years as the company’s third gold mine, Yaouré, remains on track for first production by late 2020.

ShareCafePRU – Macquarie rates the stock as Underperform Perseus Mining is confident in the development of Yaoure and first gold is timed for December. The company also intends to accelerate a valuation of resources acquired as a result of...

In late morning trade the S&P/ASX 200 Index (ASX: XJO has followed the lead of U.S. markets and is charging higher. At the time of writing the benchmark index is up 0.5% to 6,096.2 points. Four shares that have failed to follow the mar...

The company operates two gold mines – Edikan in Ghana and Sissingué in Côte d’Ivoire - and is developing its third operation Yaouré in Côte d’Ivoire.

Despite mining depletion of over three hundred thousand in situ ounces in the last 12 months, Perseus’s total ore reserves have incrementally increased.

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Summary Gold has been the darling commodity of the year 2020 with its impeccable price appreciation and safe-haven attributes. The surge in the gold price has been providing an impetus to ASX-listed gold stocks with many such as Saracen...

The company achieved an increase in sales revenue of 16% to A$591.2 million and a decrease in cost of sales of 8% to A$317.4 million.

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...