Articles On Perseus Mining (ASX:PRU)

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,...

Despite a bullish backdrop – COVID, war, inflation shocks, bank failures – gold has traded in an oddly tight range Liberum says all these demand drivers are being ‘cancelled out’ by Fed-led inflation-targeting rate hikes Gold paying US$201...

West Africa’s golden allure has attracted many an ASX explorer over the years, and recent examples show there are riches to be found for those who get it right. The present-day ASX poster child for West African exploration success is, well,...

Banking crisis sparks gold ETF inflows for the first time in 10 months Central Banks continue buying up gold at record levels Every larger gold stock on our list enjoyed gains this week led by double digit gains for the mid-tier and advanc...

ShareCafeNasdaq declines as indicators point to a weakening US economy                    The Nasdaq Composite fell on Wednesday for a third-straight losing session as investors shifted away from growth stocks amid signs that the US e...

Gold breaches US$2,000oz with ease on weak US economic data A weaker jobs report Friday could see record highs tested Wednesday small cap standouts: Investigator, Labyrinth, Rox Our Gold Digger column wraps all the news driving ASX stocks...

The S&P/ASX 200 Index (ASX: XJO) is having a bumpy, yet still positive, day so far during this Wednesday’s trading. At the time of writing, the ASX 200 has gained a tentative 0.11%. But some ASX 200 shares are convincingly outperformin...

Resources and Energy Quarterly (R&EQ) analysts reckon gold will tumble to US$1550/oz by 2028 Don’t fret: recent R&EQ gold predictions have been way off the mark Monday’s Precious Metals Stock of the Day: Battery Minerals (ASX:BAT)...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a decent gain. At the time of writing, the benchmark index is up 0.7% to 7,228.5 points. Four ASX shares that have failed to follow the market hi...

Gold ($US1981/oz), silver ($US23.91/oz) continue to trade just below recent highs All top 15 stocks by market capitalisation gained between 2- 20% this week, for an average of 8% ASX gold standouts this week: Regis Resources, Ramelius Reso...

FxPro predicts US$2600/oz gold price, sparked by changes in monetary policy 6 of the top 8 gold stocks by market cap have made double digit gains so far in 2023, led by Newcrest (ASX:NCM) with 29% Our Gold Digger column wraps all the news...

The ASX swung into positive after the release of monthly CPI data Australia’s inflation has declined to 6.8% in February from 7.4% in January SBF allegedly bribed Chinese officials with $40 million in cryptos   Local shares traded lower b...

Ramelius Resources reigns supreme with top gold discoveries in the last five years Newcrest Mining is close on its heels, taking out 2nd place This amateur prospector just found a gold nugget worth $240K    Our Gold Digger column wraps a...

ASX 200 closed up 0.93%, crossing above its 200-day moving average Retail sales rise modestly 0.2% in February in line with consensus Liontown Resources and United Malt Group soar higher on takeover news After finishing flattish on Monday...

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

The S&P/ASX 200 Index (ASX: XJO) slipped lower on Friday, falling 0.19% to close at 6,955.2 points. That leaves the index 0.57% lower week on week. It came on the back of rate hikes in the United Kingdom, Switzerland, and Norway overni...

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

The global banking crisis has sent gold prices past $3000/oz in Australian dollar terms for the first time in the past week. And while they have struggled to push through those levels, facing resistance at the critical US$2000/oz mark ($297...

The S&P/ASX 200 Index (ASX: XJO) slumped on Thursday, ending the day 0.67% lower at 6,968.6 points. It followed a worse fall on Wall Street overnight on the back of the United States Federal Reserve’s latest rate hike – bumping in...

The ASX 200 is down around 0.7% on Thursday Oil and lithium stocks sold down Hindenburg Research promised a new report soon   The ASX 200 index fell 0.7% across the board on Thursday, with Staples and Comm Services the only sectors in the...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...