Articles On Perseus Mining (ASX:PRU)

Tietto does not believe any investors have taken up Chinese purchaser Zhaojin’s 58c per share bid for the African gold miner It comes after Zhaojin announced a fourth extension of the offer, this time to April 5 As gold prices rise, Ramel...

  The S&P 500 rose Wednesday as investors attempted to turn a corner following back-to-back losing sessions on Wall Street. The S&P 500 added 0.51 per cent to 5,104.76, while the Nasdaq Composite gained 0.58 per cent to 16,031.54. T...

Note: Figures recorded at 7:40am AEDT. Updated figures and a video recording will be available at 9am AEDT. The S&P 500 rose Wednesday as investors attempted to turn a corner following back-to-back losing sessions on Wall Street. The br...

The S&P/ASX 200 Index (ASX: XJO) has had a rather strange start to the trading week this Monday. This morning saw the index clock another new record high of 7,...

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ANZ analysts believe ’emerging’ central banks could buy over 600t of gold annually until 2030  Citi isn’t totally ruling out a US$3,000 gold price in next 12-18 months US gold mining giant Newmont divests six gold mines and two other gold...

Newmont has pulled the trigger on a long mooted sale of the Telfer and Havieron gold projects in Western Australia They were acquired in its mega-merger with Newcrest along with ‘Tier-1’ assets like Cadia and Lihir Arcadium Lithium announ...

Silvercorp Metals Inc. (NYSE-A/TSX:SVM) is again making waves in the mining industry with its offer to acquire notable gold developer OreCorp (ASX:ORR). In the dynamic landscape of mergers and acquisitions, the recent developments surrou...

23 Feb 2024 - Australian-based African gold miner Perseus (ASX:PRU) demonstrated significant growth amidst the surge in gold prices towards the end of 2023. The company reported a …

The fortunes of ASX mining shares tend to be, generally, closely linked to how the global economy is faring. That's because demand for raw materials dies down during periods of low consumption, which pushes commodity prices lower. And that...

John Edwards, Novus Capital   BUY RECOMMENDATIONS   BUY – Perseus Mining (PRU) PRU is a profitable West African gold producer with three operating mines. PRU guided to second half gold production of between 226,000 ounces and 254,000 ounces...

John Edwards, Novus Capital   BUY RECOMMENDATIONS   BUY – Perseus Mining (PRU) PRU is a profitable West African gold producer with three operating mines. PRU guided to second half gold production of between 226,000 ounces and 254,000 ounces...

Gold recovers US$2k after weak retail sales data gets thrown into the economic soup in America Moneybags former hedge fund bloke Stanley Druckenmiller is increasing his gold exposure The week’s best performing ASX goldies include: TG1, TGM...

Our Canada Unearthed column wraps the news driving mining and exploration stocks listed in Canada, mostly on the TSX and TSX.V. The Aussie gold sector, especially now that Newcrest has disappeared, are mostly junior companies on the global...

ASX falls heavily after US CPI print higher than expected Rates sensitive sectors, gold miners fell CBA, Domain, Fletcher Bulding also dumped   The ASX 200 fell by around -1% on Wednesday, tracking the selloff on Wall Street overnight. St...

Norwest Minerals picks up prime REE ground in the West Arunta region New tenement is the closest ground position south of WA1’s Luni niobium-REE discovery Norwest is an established West Arunta explorer holding 1560 km² where critical miner...

Perseus Mining has thrown another spanner in the works of OreCorp’s scrip and cash takeover deal with Canadian suitor Silvercorp.     

Few regions have experienced as much growth in their mining and exploration sectors over the last three decades than West Africa. So too, unfortunately, has the risk profile for investors. West Africa is a big region. Sixteen countries cram...

  The price of gold is in a holding pattern, threatening to dip in short term, according to Metals Focus analysis Metals Focus, like Japan’s biggest bank MUFG, however, has a more positive outlook for gold later this year Top-performing AS...

As central bankers navigate the confusion of an easing rate path, investors may still look to gold as protection against sticky inflation. A year of distress and corporate collapses sent panic through the financial system, from the concerns...

The S&P/ASX 200 Index (ASX: XJO) has enjoyed another happy session this Wednesday, marking the second day in a row investors were treated to some...

Local shares closed higher again on Wednesday Aussie headline CPI unexpected fell to 4.9pc Interest rates sensitive sectors rose following CPI report   The ASX200 closed +0.25% higher on Wednesday, boosted by interest rates-sensitive stoc...

  Gold prices sit at six month highs, upwards of US$2000/oz Aussie gold equities have risen 15% since the week before Hamas’ attack in Israel Fundamentals suggest gold could be on the edge of a breakout or bear market, depending how the co...

Aussie shares closed higher as Real Estate and Financial sectors led Gold miners also rallied, while Energy stocks slumped Collins Foods up almost 10pc after half year update   The ASX closed +0.4% higher on Tuesday, bucking the modest se...

Perseus Mining has increased its shareholding in OreCorp ahead of the Silvercorp Metals–OreCorp acquisition. Perseus’ standing in OreCorp has increased to 19.9 per cent. While the company said itRead MoreAustralian Mining.

Perseus Mining (ASX:PRU) has utilised a portion of its US$600 million (over A$900 million) cash reserve to acquire a significant stake in OreCorp, a competing African mining company. In this move, Perseus CEO Jeff Quartermaine underscored t...

So much for a small rise on the market today. Instead, the ASX200 closed down about three quarters (.76) per cent. Real estate stocks proved the biggest drag, down just over one and a quarter of a per cent, while IT was the only sector t...

Perseus Mining (ASX:PRU) increased its shareholding in OreCorp (ASX:ORR) to 19.9% a mere hours after acquiring an initial 15.03% stake this morning (27 November 2023). While the increase to a blocking stake came just 2.5 hours after anno...

Perseus Mining has taken a leaf out of the Gina Rinehart playbook and amassed a blocking stake in a takeover target — OreCorp — less than two weeks before a deal goes to a shareholder vote. 

S&P/ASX 200 Index (ASX: XJO) gold stock Perseus Mining Ltd (ASX: PRU) announced it has acquired a "relevant interest" in a little-known Aussie minerals explorer. This sees the Perseus Mining share price up 2.2% in afternoon trade on M...

27 Nov 2023 - Perseus Mining has utilised a portion of its US$600 million (over A$900 million) cash reserve to acquire a significant stake in OreCorp, a competing African mining co…

Sigma Lithium has shown a clean pair of heels, speeding to a profit in its first quarter of commercial scale production at the Grota Do Cirilo lithium mine in Brazil The first stage is expected to ramp up to 270,000tpa, with 130,000tpa of...

Mako Gold to raise $2m via a placement to advance exploration and potentially acquire private explorer Goldridge Resources Goldridge’s flagship Konan project boasts five priority gold anomalies Move would make MKG a district-scale gold pla...

Perseus Mining is down 16% YTD despite rolling out its best ever production year of more than 530,000oz in FY23 Now a regular dividend payer, the company has a massive warchest of US$594 million in cash and bullion and US$300m in undrawn...

Spot gold prices are up since this time last week, and ASX goldies are benefitting ANZ upgrades its gold outlook for rest of this year, and 2024  The week’s top ASX gold-related stocks led by: TG1 and CPM   First things first, let’s just...

ASX closed flattish on Friday, but was up 1pc for the week Energy stocks crumbled after crude prices dropped 5pc overnight Cathie Wood’s views on AI stocks at the Sohn conference   The ASX reversed early losses to close flattish on Friday...

Argonaut has named its 11 best undeveloped mining projects held by Australian companies in 2023 It comes as development timeframes blow out, threatening the next wave of major mines De Grey Mining leads cohort, with six new projects in th...

Yamana Gold’s former top brass have endured a tough start to life at the helm of African gold miner Allied Gold The Toronto listed producer is looking to expand beyond West Africa with the US$500 million development of the Kurmuk project...

It's certainly been a wild ride for Zip Co Ltd (ASX: ZIP) investors. After shares were issued for 20 cents apiece during its initial public offering (IPO), the fintech debuted on the ASX in September 2015. That 20 cent stock rocketed 6,000...

US, Aussie spot gold prices down this week, but safe haven could soon find demand Canadian gold expert: hyperinflation contagion spreading to US The week’s top ASX goldies: North Stawell Minerals and Nagambie   It wasn’t the greatest week...

The Zip Co Ltd (ASX: ZIP) share price is heading south today following the company's annual general meeting (AGM). As we make a beeline for the closing bell, shares in the buy now, pay later (BNPL) provider are down 3.8% to 38 cents apiec...

It was a great start to the trading week this Monday for the S&P/ASX 200 Index (ASX: XJO). After a great week last week, the ASX 200 kept the train rolling dow...

ASX climbed on Monday, tracking US stocks CSL, Resmed, and Westpac were the main gainers RBA expected to hike 25bp tomorrow   The ASX inched back to claim back the 7,000 level, finishing the day 0.25% higher to 6,995. The local market tra...

New World Gold Council report points to thriving gold industry and long-term demand Meanwhile, gold prices are still healthy but fractionally down from this time last week The week’s top ASX goldie gainers: STK, TIE, ENR   Right then, gol...

Shares higher after US Fed’s decision to keep rates steady Rates-sensitive stocks, like Tech and Real Estate, rallied Origin Energy slumped after AustralianSuper rejected consortium’s bid   The ASX rose by almost 1% on Thursday, driven by...

Zip Co Ltd (ASX: ZIP) shares are off to a stellar start in November. Shares in the All Ordinaries Index (ASX: XAO) buy now, pay later (BNPL) stock are up 5% in afternoon trade on Thursday, swapping hands for 31.5 cents apiece. Adding in ye...

  The TSX has been a dire place to be a miner in 2023, with almost two-thirds of our tracked TSX & TSX-V stocks being losers over the past 12 months Only 318 of 1123 on our TSX watchlist are in the green since November last year We che...

New report from Metals Focus predicts AI adoption could play a big role in tech sector’s need for gold and other precious metals Gold price momentum slows but still looks technically strong, says analyst The week’s top ASX goldie gainers:...

The Core Lithium Ltd (ASX: CXO) share price is on the move on Friday morning. At the time of writing, the lithium miner's shares are up 6% to 37 cents. Why is the Core Lithium share price rising? Investors have been bidding the Core Lithiu...

The Zip Co Ltd (ASX: ZIP) share price is in retreat today. Shares in the All Ordinaries Index (ASX: XAO) buy now, pay later (BNPL) stock closed yesterday trading for 30 cents. During the Thursday lunch hour, shares are swapping hands for...