Articles On Perseus Mining (ASX:PRU)

The Australian stock market has enjoyed its best day since mid-January as fears over banking contagion ease. The ASX saw a slight raise, gaining just under one per cent to 7015.6.   International indexes followed suit, with the Asia D...

Energy stocks led the ASX higher on Wednesday Crude prices rallied another 2.5% overnight on Fed sentiment US Federal Reserve to hand down interest rates decision later tonight   The ASX 200 added another 0.9% to its 1% gain yesterday as...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

The S&P/ASX 200 Index (ASX: XJO) tumbled to its lowest close of 2023 on Monday, falling 1.38% to end the session at 6,898.5 points. But the news taking the market by storm came from across the seas. Aussies woke up to word that embattl...

ASX accelerated losses in the afternoon, closing over 1% lower Healthcare stock Healius gets takeover bid from a much smaller company Market places 25% chance the Fed will pause this week   The ASX 200 index finished almost 1.5% lower on...

S&P/ASX 200 Index (ASX: XJO) gold shares were broadly enjoying a very strong run this week. Until today. Here’s how some of the biggest Aussie gold miners are tracking in early afternoon trade on Friday. Northern Star Resources Lt...

UK-based Simon Popple was making good money in his 30s as a director at one of the world’s largest private property companies. At the time, he assumed his growing pension fund would set him up for a comfy retirement. “Fortunately, twelve ye...

The ASX fell 1.6% on Tuesday on concerns of a global meltdown following SVB’s collapse Gold stocks and Bitcoin gained as Treasury yields collapsed Goldman Sachs now expects the Fed to keep rates on hold this month   The ASX 200 fell 1.6%...

Gold prices continue to rise in the fallout from the SVB and Signature Bank collapses in the US Now over US$1900/oz after near US$100/oz rally in past two days ANZ raises 2023 year-end forecast by US$100 to near record US$2000/oz Gold is...

Well, it’s another day, another fall for the S&P/ASX 200 Index (ASX: XJO) so far this Tuesday. And not just any fall. At the time of writing, the Index has cratered by a depressing 2%, which drags the ASX 200 back below 7,000 points fo...

ASX 200 lost 0.5% today as cautious traders monitor developments around SVB collapse ASX companies Life360, Xero have announced their exposures to SVB Gold stocks were major winners today   Aussie shares didn’t do too badly on Monday cons...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

The ASX 200 fell almost 1% on Wednesday, tracking moves in Wall Street RBA Governor Phil Lowe gives hope we might be at the end of rate hike cycle Qantas shares at 3-year high   Local shares tracked Wall Street lower today, with the ASX 2...

ShareCafeS&P 500 up slightly as investors await several big macro events                    The S&P 500 rose slightly overnight, fighting to hold onto last week’s gains as bond yields inched higher and investors braced for a b...

The ASX was up 0.6% on M0nday ahead of the RBA rates decision tomorrow Rate sensitive sectors rallied China downgrades growth, aiming at 5.0% as Li is replaced by Li.   Local shares lifted 0.6% on Monday as investors tracked last Friday’...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

The S&P/ASX 200 Index (ASX: XJO) ended the week on a high, gaining 0.39% to close at 7,283.6 points. That sees it having recovered all but 0.29% of Monday’s losses. Helping it along on Friday was the S&P/ASX 200 Communications In...

The ASX 50 rises 0.11% but ASX 200 is flat ABS say buildings approval in January hit a ten-year low Building approval data is used to monitor economic activity and investment    Aussie shares finished flat on today despite opening higher...

The S&P/ASX 200 Index (ASX: XJO) traded in the green for much of Wednesday before plunging into the red at the last moment. It ended the day 0.09% lower at 7,251.6 points. And mining shares led much of its gains, with the S&P/ASX 2...

The ASX finished Wednesday flat GDP and inflation both missed forecasts House prices nationally declined -0.14% over the month   Aussie shares finished flat on Wednesday despite opening higher this morning. Gains in Energy and Mining stoc...

A rebound in the Chinese economy combined with market-friendly Australian inflation and economic growth data to help the share market trim early losses. The S&P/ASX 200 cut a 42-point loss to seven points or 0.09 per cent by the clos...

Aussie shares reversed early losses after weaker-than-expected inflation and economic growth reports appeared to ease pressure on the Reserve Bank to keep raising interest rates. The S&P/ASX 200 flipped a pre-data loss of 42 points t...

World Overnight SPI Overnight 7201.00 + 34.00 0.47% S&P ASX 200 7224.80 – 82.20 – 1.12% S&P500 3982.24 + 12.20 0.31% Nasdaq Comp 11466.98 + 72.04 0.63% DJIA 32889.09 + 72.17 0.22% S&P500 VIX 20.95 – 0.72 – 3.32%...

 What grabbed the headlines last week?   On Wednesday in the states, The Fed minutes were released to much anxiety but little actual bloodletting. Turns out that at the meeting, where the Federal Reserve hiked its benchmark rate by 25 basis...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

World Overnight SPI Overnight 7230.00 + 8.00 0.11% S&P ASX 200 7285.40 – 29.10 – 0.40% S&P500 4012.32 + 21.27 0.53% Nasdaq Comp 11590.40 + 83.33 0.72% DJIA 33153.91 + 108.82 0.33% S&P500 VIX 21.14 – 1.15 – 5.16%...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AUB)) - AUB Group ((ASG)) - Autosports Group ((CHL)) - Camplify Holdings ((CWP)) - Cedar Woods Properties ((CRN)) - Coronado Global Resources ((DMP)) - Domino's Pizza En...

The ASX declined for 4th day in a row Qantas, Eagers and Platinum were some of the companies to report earnings today The RBA is looking for candidates   The ASX 200 notched up another down day, its fourth straight this week. But heading...

The African-focused company lifted interim earnings 60 per cent to $203m, enhancing its reputation as one of Australia’s most profitable gold miners.

In this week's Weekly Insights:-M&A Targets - Who's Next?-February: Brutal And Underwhelming, So Far-Research To DownloadBy Rudi Filapek-Vandyck, EditorM&A Targets - Who's Next?One of the heaviest post-bubble punishments ever for sm...

ASX earnings continues today as Stockhead reports highlights  Discretionary and Tech sectors led the ASX Australia’s jobless rate rose to 3.7%   ASX earnings dominated the headlines on Thursday, as some of the biggest names reported their...

World Overnight SPI Overnight 7315.00 + 36.00 0.49% S&P ASX 200 7352.20 – 78.70 – 1.06% S&P500 4147.60 + 11.47 0.28% Nasdaq Comp 12070.59 + 110.45 0.92% DJIA 34128.05 + 38.78 0.11% S&P500 VIX 18.23 – 0.68 – 3.60%...

World Overnight SPI Overnight 7366.00 + 8.00 0.11% S&P ASX 200 7430.90 + 13.10 0.18% S&P500 4136.13 – 1.16 – 0.03% Nasdaq Comp 11960.15 + 68.36 0.57% DJIA 34089.27 – 156.66 – 0.46% S&P500 VIX 18.91 – 1.43 – 7.03%...

Newcrest surges after Newmont, world’s largest gold miner, bids for Australia’s biggest gold producer NCM was founded as a subsidiary of Newmont in 1966 before striking out on its own in 1990 Deal comes four Australia’s largest gold miner...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

The ASX closed slightly lower on Monday Tech sector led the bourse today A bust week for central banks including the Fed’s rates decision on Wednesday   The ASX edged 0.1% lower on Monday as investors braced for the Fed’s rates decision l...

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...

11 producer quarterlies ranked from goodest to ‘don’t look down’ Eight gold miners and others on the bill with MinRes, Newcrest, St Barbara, West African among those reporting December performance It’s quarterly season, in case you haven’...

The ASX closed higher on the back of lithium, retail and real estate stocks MinRes is at all time high Amazon’s AWS to invest billions in Melbourne facilities   The ASX closed 0.5% higher as Mining and Real Estate stocks pushed the index...

These three ASX mining shares are on the move today following the release of their quarterly results. For perspective, the S&P/ASX 200 Materials Index (ASX: XMJ) is in the green today, up about 1%. Let’s take a look at these three ASX...

The mad rush to get quarterlies completed has begun, with a smorgasbord of production results for investors to wade through on Tuesday morning. Coal, copper and gold were all up in investors’ eyeballs this morning, with Evolution Mining (AS...

Perseus Mining has beaten its market guidance for gold production which has boosted its outlook for the remainder of the financial year. 

Sarama Resources is certainly in the right location for building the next major gold operation, having uncovered yet another mineralised area outside of the existing 2.9-million-ounce resource at its Sanutura Project in Burkina Faso. West A...

S&P/ASX 200 Index (ASX: XJO) mining shares have been through plenty of turmoil over the last 12 months. So will 2023 turn out to be a great year? No one can truly know what’s going to happen next. Resource prices are notoriously diff...

The ASX down by 0.30% on Tuesday Iron ore miners pare gains as China clamps down on speculation Jerome Powell will speak tonight   The ASX 200 lost 0.30% on Tuesday as the biggest three sectors – Energy, Mining and Financial – took a tumb...

The S&P/ASX 200 Index (ASX: XJO) has kicked off the trading week with a pleasing gain. At the time of writing, the ASX 200 has lifted by a healthy 0.98%, putting the index at just under 7,180 points. But let’s talk about five ASX 200 m...

The S&P/ASX 200 Index (ASX: XJO) closed the first week of 2023 in the green. It gained 0.65% on Friday to close at 7,109.6 points. That marks an 1.01% week-on-week gain. In the lead today was the S&P/ASX 200 Materials Index (ASX: X...

Carl Capolingua is the only Australian technical analyst you will meet in this story. He works by candlelight at ThinkMarkets and lives with the little candelabrums in the western state that does what it wants, where they admire his unique...

The 2022 year was a mixed one for ASX 200 gold shares, but three shares were standout performers. The Capricorn Metals Ltd (ASX: CMM), Perseus Mining Ltd (ASX: PRU) and Northern Star Resources Ltd (ASX: NST) share prices all soared in 202...