Articles On Perseus Mining (ASX:PRU)

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...

Gold’s price was looking a bit lethargic after warm CPI weather blew in The World Gold Council eyes emerging markets and ‘seasonal strength’ in January The week’s top ASX gold-related stocks led by: GUE, CXU, SIH   Gold bugs will be hopin...

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…

Silver industrial demand is expected to break records in 2023 thanks to booming solar PV sector Silver market will post another sizeable 140Moz deficit in 2023 “These deficit conditions to persist for the foreseeable future”: Metals Focus...

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...

Two little-known ASX All Ords shares have been raised to a 'buy' rating by Citi. The broker also significantly boosted its price target for both stocks. The ASX All Ords shares in question are McMillan Shakespeare Ltd (ASX: MMS) and Smartg...

It was a bounce-back session from the miners on the ASX on Tuesday, which helped the market gauges elevate slightly. The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 12.8 points, or 0.2%, to 6,856, while the broader All Ordinaries...

Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.19% to 6856.90. Markets @ Midday: Listen here at lunchtime or find all Market Matters Podcasts on Spotify....

The S&P/ASX 200 Index (ASX: XJO) has finally given investors a day that we can be glad to own ASX shares. After heavy falls on the Australian share market for three tra...

Local shares finished higher after recovering from early losses Energy, bank stocks higher while other sectors dropped Bond market volatility has become main focus for investors   The ASX 200 gained back early losses to finish higher by 0...

The Dreadnought Resources Ltd (ASX: DRE) share price is having a tough day of trade. At the time of writing, the copper explorer's shares are down 19% to 3.4 cents. Why is the Dreadnought share price sinking? Investors have been selling th...

The S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. In afternoon trade, the benchmark index is up slightly to 6,845.4 points. Four ASX shares that are rising more than most today are listed below. Here's why they are...

Gold miners Perseus, West African and Capricorn roll out strong quarters What will Perseus do with its near US$600 million cash pile? Are Perseus and WAF still eating the African discount? Consistency is underrated, and companies who ar...

World Overnight SPI Overnight 6842.00 – 15.00 – 0.22% S&P ASX 200 6844.10 – 56.60 – 0.82% S&P500 4217.04 – 7.12 – 0.17% Nasdaq Comp 13018.33 + 34.52 0.27% DJIA 32936.41 – 190.87 – 0.58% S&P500 VIX 20.37 – 1.34 – 6....

Trigon Metals declares commercial production at reborn Kombat copper mine in Namibia Follows trend of growing African copper output backed by Canadian companies Uranium hopeful Cosa Resources Corp lists on TSX-V Copper producers are com...

The S&P/ASX 200 Index (ASX: XJO) had a rather sad start to the trading week during this Monday's session. After rising for four out of five trading days last week, the ASX 20...

  Stocks ticked higher Wednesday as traders awaited the release of new US consumer inflation numbers and Treasury yields continued to retreat. The producer price index rose 0.5 per cent for September, coming out higher than the Dow Jones es...

If you would like to watch a video of the outlook report, click here. Thanks for tuning in! Stocks ticked higher Wednesday as traders awaited the release of new U.S. consumer inflation numbers and Treasury yields continued to retreat. The p...

Falling far behind Newmont for the title of world’s biggest gold producer, Barrick has set its sights on growing its copper division The Toronto giant’s once embarrassing acquisition of Equinox Minerals may finally be paying off Long life...

It's been a top start to the trading week for the S&P/ASX 200 Index (ASX: XJO) this Monday. After turning a corner from the recent negativity late last week, ASX investors have ke...

ASX 200 closed higher on Middle East fallout Oil and gold stocks spiked on concerns the war could spread regionally US dollar climbed, while bond prices tumbled   The ASX rose +0.2% on Monday, driven mainly by a 3% surge in the Energy sec...