Articles On Perseus Mining (ASX:PRU)

It looks like this Thursday will be a spectacular one for ASX stocks, but we already know it has been for Newmont Corporation (ASX: NEM) shares. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) has gained a strong 0.92%, pushing...

There are positive and negative signs in the latest gold ETF data Aurelia beats guidance in NSW Alkane study on Big Boda delivers big returns but at a big capex While China’s central bank demand for gold has cooled, recording no increases...

It was a sobering Wednesday session for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares today. After recording a strong gain yesterday, investors appear to hav...

Gold has been one of the best performing commodities over the past three years. Let me show you gold’s steady and not-so-slow ascent since the start of 2021: Source: Refinitiv Eikon [Click to open in a new window] In US dollar t...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquari...

Ahead of the 2024 summit in Kazakhstan, BRICS nations are buying up gold to back the float of their own currency De Grey gets +$1bn backing from banks for development of Hemi deposit in WA Pilbara Ramelius snaps up 9% stake in Spartan Reso...

World Overnight SPI Overnight 7775.00 + 26.00 0.34% S&P ASX 200 7759.60 – 23.40 – 0.30% S&P500 5482.87 + 4.97 0.09% Nasdaq Comp 17858.68 + 53.53 0.30% DJIA 39164.06 + 36.26 0.09% S&P500 VIX 12.24 – 0.31 – 2.47% U...

Many Peaks agrees to purchase Baga gold project from Atlantic Resources Total landholding in Côte d’Ivoire increases ~50% to 1919km2 Surface geochemistry programs at Baga to commence immediately   Special Report: Many Peaks Minerals has i...

The price of gold is clinging to crucial support levels as we close out a topsy-turvy week for precious metal commodities The World Gold Council is doing its best to prop up the gold market, though – particularly in Singapore ASX goldies m...

ASX gold stocks are cooling off after a phenomenal three-month run during which time the commodity price soared from US$2,034 per ounce on 28 February to an all-time high of US$2,449.89 on 21 May. Since that peak, the gold price has...

The gold market is travelling well as we close out another Aussie week Spot pricing is heading in the right direction, thanks to weaker dollar, ECB rate cuts and more According to the World Gold Council, gold ETF flows turned positive in M...

The S&P/ASX 200 Index (ASX: XJO) enjoyed another top day this Thursday, with most ASX shares punching higher. By the time trading wrapped up, the ASX 200 had gained a rosy 0.68%, pushin...

The S&P/ASX 200 Index (ASX: XJO) endured a difficult Tuesday session today, falling back to earth after yesterday's euphoric start to the trading week. By the closing bell, the ASX 200 ha...

On Tuesday, the ASX witnessed a downturn, predominantly influenced by a notable sell-off in mining and energy sectors, triggered by weakened commodity prices. The S&P/ASX 200 index slid by 0.3%, equivalent to 23.9 points, halting a two-...

The Nyanzaga gold project in Tanzania. Image: OreCorpHaving now fully completed its acquisition of OreCorp, Perseus Mining is gettingRead MoreAustralian Mining.

Metals Acquisition inks deal with Polymetals, shares soar Arafura gets $300m loan approval, silver miner Adriatic raises $50m St Barbs downgrades guidance, Perseus back on the ground at Meyas Sands Here are some of the biggest ASX mining...

The price of gold has dipped back below its soaring level of US$2,400+ But a particularly bullish narrative is forming believes Forbes   ASX gold stocks performing over the past week include: AGC, NMR and NPM   The recent, seemingly unsto...

S&P/ASX 200 Index (ASX: XJO) gold stocks are back in the spotlight today as the price of the yellow metal again broke into new all-time high territory. The gold price reached US$2,449.89 per ounce earlier today. It's retraced a touch s...

It was a very pleasant start to the trading week for the S&P/ASX 200 Index (ASX: XJO) this Monday. After ending last week on a sour note, the ASX 200 was back...

Mattew Lattin, Marcus Today   BUY RECOMMENDATIONS   BUY – Perseus Mining (PRU) PRU operates gold mines in West Africa. The company had available cash and a bullion balance of $US702 million at the end of the 2024 March quarter. It had $US74...

It was another successful session for the S&P/ASX 200 Index (ASX: XJO) this Thursday, building on the momentum ASX shares saw yesterday. By the time trading wra...

The S&P/ASX 200 Index (ASX: XJO) enjoyed a successful hump day this Wednesday, rebounding after some heavy falls earlier in the week. By the end of trading, the...

China, Turkey and India led  ongoing central bank gold buying in April Analysts still see gold continuing higher this year, heading ‘easily’ above US$2,500 Iceni Gold absolutely slays it on the ASX this week with  +200% gain   In the week...

World Gold Council says first quarter gold demand rose 3% YoY with mine production hitting a first quarter record Demand from central banks and investors in the East could provide a platform to sustain an epic 2024 gold rally Nickel Indust...

Toronto Stock Exchange owner TMX group is ramping up engagement in Australia in a bid to secure more dual listings Junior ASX companies with projects in the Americas are on the TSX’s wishlist Almost 75% of the C$4.3b in equity raised on t...

MinRes thinks we’ve seen the bottom for spodumene Lynas thinks the same (maybe) for rare earths, warning all but two miners globally are marginal or lossmaking Every gold miner and their dog reports March production, some dogs probably mor...

Three S&P/ASX 200 Index (ASX: XJO) gold shares are rocketing higher on Wednesday. Investors are bidding up the big Aussie gold producers following some enticing quarterly updates. And recent record-high gold prices certainly aren't hur...

The ASX200 is set to continue the week’s falls today, with futures tipping it’ll be down 0.64 per cent. US jobs data was strong, another indicator suggesting interest rates are not imminent. The Nasdaq and S&P500 were down – for the...

Commodities prices for precious metals are on the rise in 2024. Strong demand for safe-haven assets amid economic uncertainty has seen the gold price top US$2400 an ounce. Copper has also performed well, with prices elevated due to stro...

The ASX200 closed up just under half a per cent. Materials led the rally and finished more than a per cent up – whilst communication and healthcare dropped off the pace. BHP Group was a standout stock – the company shot up nearly one...

It was a disappointing conclusion to the trading week for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares this Friday. After the share market gave up its three-day winning strea...

Broker Rating Changes (Post Thursday Last Week) Upgrade CLOVER CORPORATION LIMITED ((CLV)) Upgrade to Speculative Buy from Outperform by Taylor Collison.B/H/S: 0/0/0 Taylor Collison upgrades its rating for Clover to Speculative Buy from Ove...

The S&P/ASX 200 (INDEXASX: XJO) delivered another positive day, gaining 0.3 per cent ahead of key US inflation data. Once again, interest rate sensitive sectors were hardest hit, with the technology sector falling 1.3 per cent. Healthca...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another gain. At the time of writing, the benchmark index is up 0.5% to 7,863.6 points. Four ASX shares that have failed to follow the market higher today are...

Canada's Silvercorp has formally waved the white flag and accepted Perseus Mining’s $270 million takeover offer for Tanzania-focused gold hopeful OreCorp.

Silver Lake Resources (ASX:SLR), a prominent player in the gold and copper mining sector, has announced a rise in gold and copper sales for the March quarter. However, investors will have to wait until late April to access comprehensive dat...

On Thursday, the S&P/ASX 200 Index (ASX: XJO) bounced back after a selloff, rising by 0.45% to reach 7,817.3 points.  However, the Australian share market appears poised to end the week on a negative note following a poor performance o...

  US markets opened in positive territory before Fed rates commentary and a pop in oil prices spooked traders and triggered an afternoon sell off. The Dow Jones finished the day down 1.4 per cent, the S&P500 closed down 1.2 per cent aft...

On Thursday, the S&P/ASX 200 Index (ASX: XJO) returned to form after a selloff on Wednesday. The benchmark index rose 0.45% to 7,817.3 points. Will the market be able to build on this on Friday and end the week on a high? Here are fiv...

WA-based gold producer Perseus Mining hasn’t ditched a long-term plan to mine in war-torn Sudan, even as it chases other deals across Africa to sustain its output. 

Many Peaks Minerals up near 200% since acquiring a majority stake in three gold projects in Cote d’Ivoire last week A new $2m placement at 17c backed by existing shareholders Will bolster coffers to drill at the exciting Ferké and Odienné...

There’s much talk about how overbought the global markets are looking with each passing day. The major market indices are setting new records, including our very own ASX All Ordinaries [ASX:XAO], which is also breaking into all-time new hig...

Finally, gold is having its day in the sun after months of anticipation and false starts. But as is the case with most commodity rallies, there’s more to it than meets the eye and not all investors will revel in the spoils. In Aussie dollar...

The market remains sceptical of the rally in gold. As the gold price heads into record territory, many gold stocks have lagged behind. A few have been running pretty hard, with Australian based Ramelius Resources [ASX:RMS], Westgold Resour...

OreCorp's Nyanzaga project in Tanzania. Image: OreCorp.Silvercorp’s proposed takeover bid for OreCorp has now lapsed, clearing the way for Perseus Mining to acquire the gold explorer. OreCorp had issued Silvercorp a five-day period in whic...

Pilbara Minerals has selected Chinese customer Ganfeng as its proposed partner in a proposed 32,000tpa lithium chemical plant linked to an expansion of its Pilgangoora mine Genesis Minerals says the gold forward curve is at its biggest co...

Orecorp (ASX:ORR) appears to have finally selected a suitor to take its hand through a takeover process – and the winner isn’t Canada’s Silvercorp. Instead, Perseus Mining (ASX:PRU) appears to be the successful company in making a pitch...

Gold hit a US ATH, then dipped a tad, but not by much. In fact, it’s doing pretty well on the whole… … It’s less volatile than Bitcoin, anyway, which is a good or bad thing depending on outlook Speaking of which, RBC has some fairly cautio...

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

20 Mar 2024 - East African gold miner Perseus Mining (ASX:PRU) has lifted its mooted offer for OreCorp in a conditional off-market proposal revealed on Wednesday and snagged the su…