Articles On Perseus Mining (ASX:PRU)

Copper-coal play Teck leads large cap resources winners in Q2 after snubbing ‘unsolicited’ bid from commodities giant Glencore Last week’s biggest TSX winner, copper-nickel developer PolyMet, also receives bid from Glencore at huge premium...

Canadian explorer Toubani Resources (ASX:TRE) jumped ship to the ASX late November last year with the advanced 3.1Moz Kobada gold project in Mali. This 4.5km-long resource ticks some important boxes; it is shallow, oxide dominant (softer or...

The All Ordinaries Gold Sub-Index (comprising 24 gold stocks)  is up 15.44% YTD, a massive 40.1% over the past 12 months, and 27% over the past 5 years Gold miners begin rolling out FY23 results Standout small caps of the week: Titan Miner...

The ASX slumped more than 1.5% on Friday, 2% for the week Bond yields jumped as rate-sensitive stocks like Tech and Real Estate sold off US auditors begin to inspect NY-listed Chinese companies again   Local shares dropped by -1.5% on Fri...

Banks and mining stocks dragged the ASX lower to -0.35% for the day. AGL Energy hits a 12-month high, as did lithium player PMT. 2yr vs 10yr US yield inversion sends strong signals of American recession risk   Local shares tumbled by ov...

The S&P/ASX 200 Index (ASX: XJO) enjoyed a very pleasing start to the trading week this Monday. The first trading day of FY2024 saw the ASX 200 rise by a solid 0.59%, which led the index to finish up at 7,246.1 points. Let’s hope...

Gold dips its toe below $US1900/oz, but it was too cold so it pulled back up Ora Gold scores a strike at Garden Gully Northern Stawell upgrades its gold inventory 59% Tanami to prove up more resources at its namesake gold project in the NT...

S&P ASX 200 records biggest daily gain since mid-April as investors react to CPI data Australia’s headline inflation rate in May down to 5.6% from 6.8% in April, better than forecast Investors react positive to news Ramsay Healthcare i...

It was a negative start to the trading week this Monday for the S&P/ASX 200 Index (ASX: XJO). After a horror end to the trading week last week, the ASX 200 has kept up this negative sentiment today. By market close, the index had...

ASX slides 0.29% to close at 50-day low, weighed down by Russia events and EOFY volatility Gold miners buck the trend Wholesaler Metcash announces a record FY23 with group revenue up 6.2% to $15.8 billion   Local shares hit a 50-day low t...

  De Grey gets bigger, and bigger, and even bigger ahead of its imminent DFS Catalyst Metals has some bonkers grades coming out of the Iris deposit at Four Eagles Cue: lots of gold. Musgrave’s Break of Day gold deposit returns “excellent”...

This ASX 200 gold share appears to have a strong balance sheet compared to other gold companies on the market. Perseus Mining Ltd (ASX: PRU) is operating and developing multiple mines in Africa. It takes its place in the ASX 200 with othe...

Local shares close +0.2% higher today ahead of the Fed Reserve meeting Analysts believe the Fed will pause this month Tech stocks surged today as the Nasdaq hit its highest level since April 2022   Local traders bought tech stocks ahead o...

The USD’s status as the world’s reserve currency is under attack: Goehring & Rozencwajg This could be a rocket under the price of gold, most trusted store of value across the globe for over 3,000 years Weekly Small Cap Standouts: Iceni...

Perseus Mining is bracing for a stock market backlash after revealing it would defer a potential $600 million final investment decision on its Meyas Sand gold project amid the continued conflict in Sudan.

The S&P/ASX 200 Index (ASX: XJO) tumbled on Tuesday, falling 1.2% to close today’s session at 7,129.6 points. Its fall came amid the Reserve Bank of Australia’s (RBA’s) latest rate decision, handed down this afternoon. The centra...

The ASX sank after the RBA unexpectedly raised its rate by 25bp The central bank says inflation and wage rises need to be contained Coal stocks climbed, while discretionary stocks lagged   Share prices dropped instantly after the RBA unex...

Old AVZ boss Klaus Eckhof acquires ground next door to Manono via his new company, AJN Resources 367 TSX and TSXV resources stocks went up last week, 431 went down, 337 didn’t move Standout winner was coal-copper major Teck, up 12% Our Ca...

ShareCafeMiners surge on higher iron ore prices: ASX closes up 1% by Peter Milios   At the closing bell, the S&P/ASX 200 was 1.00 per cent higher at 7,216.30. The increase was driven by the mining and consumer discretionary sectors, whi...

The ASX rallied by over 1% today Iron ore stocks climbed, and Discretionary sector was the best performer today Apple is set to unveil new product launches later tonight   The ASX 200 was up again today, its third gain in as many days as...

Perspectives on key demand drivers and their implications for PGM demand are diverging Biggest demand sector for PGMs is auto catalysts in car exhausts which are being phased out by EVs Producers relying on an emergent hydrogen economy to...

The Paladin Energy Ltd (ASX: PDN) share price is having a very strong finish to the week. In afternoon trade, the uranium developer’s shares are up 10% to 67 cents. Why is the Paladin Energy share price racing higher? Investors have been...

After a rocky start to the day, the S&P/ASX 200 Index (ASX: XJO) recovered to close Thursday’s session 0.27% higher at 7,110.8 points. It came amid news the United States’ looming debt ceiling has all but been lifted. That means th...

ASX finished higher on Thursday after a soft opening Oil stocks come under pressure again as crude prices tumble The rebound in Australian housing prices is accelerating, says Corelogic report   After opening lower, the ASX200 index finis...

It’s finally a happy day on the S&P/ASX 200 Index (ASX: XJO) so far this Thursday in what will come as a bit of a relief for ASX investors.  After Tuesday’s small fall and yesterday’s large one, many investors might be feeling that th...

ASX lithium share Neometals Ltd (ASX: NMT) is shooting higher today, up 19.8% in late afternoon trading. The lithium stock closed yesterday trading for 48 cents a share. Shares are currently changing hands for 57.5 cents apiece. Here’s...

A new month is here, so what better time to look at some new additions to your portfolio? If you’re on the lookout for some ASX 200 stocks to buy, then it could be worth listening to what Goldman Sachs is saying this week. Buy this ASX 2...

ASX battery share RedFlow Ltd (ASX: RFX) is off to the races today on news out of the United States. And it has nothing to do with the resolution of the US debt ceiling crisis. At the time of writing the RedFlow share price is up 43%, trad...

The S&P/ASX 200 Index (ASX: XJO) has returned to form on Thursday. In afternoon trade, the benchmark index is up 0.25% to 7,110 points. Four ASX shares that are climbing more than most today are listed below. Here’s why they are ri...

S&P/ASX 200 Index (ASX: XJO) investors hoping for an end to the successive string of interest rate rises from the Reserve Bank of Australia (RBA) may be left wanting. Hopes of a pause or even an end to the central bank’s rate hikes w...

Your 50s are an exciting decade that can house both contentedness and ambition. You’ve likely ticked many items off your bucket list; celebrated anniversaries, birthdays, and major achievements; and now, you’ve probably got retirement...

ASX lithium shares are seeing growing demand for their production as more batteries are produced for cars, homes and other industrial uses. But, there could be another invention that could disrupt the sector: iron batteries. While this com...

IPO Watch: 7 explorers have listed on the TSX/TSXV over the past ~3 months, all are flat or in the red Standout large cap winner last week was uranium play Cameco; share price is closing in on 12-year highs Weekly small cap standouts: Mins...

Local shares inched lower in the afternoon to a flattish close Wesfarmers’s plan to acquire Laser Silk thwarted by little-known company China’s purchase of Australian coal surged in April   The ASX 200 closed flattish on Tuesday with Tech...

The S&P/ASX 200 Index (ASX: XJO) moved in and out of the red on Monday, eventually closing 0.14% higher at 7,267.1 points. Driving its gains was the S&P/ASX 200 Materials Index (ASX: XMJ). It jumped 0.8%, with gold stocks among its...

The ASX 200 index closed flattish on Monday Lithium stocks declined, while Elders tumbled 13pc on a huge profit miss A US default could trigger a volatility spike in the market – expert   The ASX 200 finished flat on Monday, with gains in...

Gold sold off violently from highs in 2020 and 2022, but is holding its ground in 2023 “An important bullish signal for gold could be a weekly close above US$2035, the highest close in history”: FxPro Weekly ASX small cap standouts: Chesse...

The ASX closed lower on Tuesday, dragged down by the real estate sector Treasurer Jim Chalmers is set to deliver the Fed Budget tonight Biden and McCarthy to discuss the all-important US debt ceiling   The ASX finished 0.2% lower today ah...

ASX miners adding to hedge books at prices up to A$3200/oz – well above record highs Heavy hedging a vestige of times past due to losses suffered in the late 90s, early 2000s Regis Resources still has 145,000oz of legacy hedges at frighten...

Aussie Google searches for ‘how to buy and gold and silver’ at 12 year highs Reporting season: Wednesday small cap standouts: GBM Resources, Ora Banda Mining Our Gold Digger column wraps all the news driving ASX stocks with exposure to pr...

Gold and silver edged higher Tuesday to US$1996/oz and US$25.15/oz Unhedged Gold Road Resources (ASX:GOR) sells 41,818oz in March quarter at a record average price of A$2,764 per ounce Small Cap Standouts: Metalstech, Los Cerros Our Gold...

US deficit blew out in the early 2000s, sparking a major bear market for the USD This was a catalyst for a major increase in price of gold, from US$250 in 2001 to a high of ~$2,000 a decade later: Jesse Felder Yesterday’s ASX News Highligh...

ShareCafeThe Week that Was: April 17-21, 2023 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so, h...

20 Apr 2023 - While it was a mostly flat performance from Perseus Mining (ASX:PRU) in the three months to March, the African-focused gold miner is still on track to easily top the …

ShareCafePerseus Still on Track to Slay Full Year Earnings While it was a mostly flat performance from Perseus Mining in the three months to March, the African-focused gold miner is still on track to easily top the half-million-ounce mark f...

Gold miner Perseus Mining says production during the March quarter was slightly lower than in its December quarter, with a weighted average AISC 1.2% lower than the December quarter per ounce. The post Perseus Mining [ASX:PRU] Production Lo...

Perseus Mining has revealed a slight uptick in gold production from its African gold operations in the March quarter as it took advantage of better pricing for the precious metal.

Gold, eyeing record highs (~US$2070/oz) just days ago, has been chopped down to ~US$2000/oz Gold’s path towards record territory is still there, it just might take a little while longer: OANDA’s Ed Moya Silver holds the psychologically sig...

Rejigged deal will see embattled St Barbara sell flagship Leonora gold assets to Genesis Minerals for ~$600m in cash, shares Deal “reflects the deterioration over recent months in both SBM’s financial and operational position”: Gavin Wendt...

Local shares bucked Wall Street and rose by 0.2% today Lake Resources surged 20pc after lithium production announcement Gold stocks were mainly down, Regis Resources fell 11pc after a production downgrade   Local shares gained 0.2% today,...