Articles On Perseus Mining (ASX:PRU)

The ASX 200 closed 0.6% lower today The RBA releases its meeting minutes Coal and Energy stocks rise again, while Tech and Healthcare lag The ASX 200 is down by 0.63% on Tuesday, shadowing the movements in Wall Street overnight. Tech and...

LDR hits ‘most significant’ drill hole to date at Webbs Consol Silver-Base Metal Project LM8’s  Baker Shoot within the Kambalda Nickel Project returns more than 14% nickel  TCG and ODE shares surge on no news Here are the biggest small ca...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

The ASX fell by 0.34% today Energy and Mining sectors fell by 5% each as recession fears bite A flood of economic data to be released in the US this week   Recession fears continue to dictate markets as major bourses in Asia, including th...

The S&P/ASX 200 Index (ASX: XJO) peaked shortly after open on Monday, driven by energy shares, before paring back its gains this afternoon. The index was trading 1.11% higher at 6,612.60 points at the end of today’s session. The mark...

ASX 200 rallies by 1.20% on Monday This comes after Wall Street begins the new financial year strongly on Friday RBA rates decision on Tuesday   The ASX 200 has rallied by over 1% today, taking a cue from the strong session on Wall Street...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

S&P/ASX 200 Index (ASX: XJO) gold shares have broadly delivered strong returns over the longer term. Taking a five-year horizon, the ASX 200 has gained 14%. Here’s how these leading ASX 200 gold shares performed over that same five-y...

Highlights The ASX 200 Materials sector closed in the red territory today. Most of the Materials stocks were influenced by the sectoral performance on the ASX today. The S&P/ASX 200 Materials sector was the worst performing sec...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

ShareCafeEvening Report: 25 May, 2022 by Lauren Evans   The Aussie sharemarket held onto its gains today thanks to a rally in gold miners, major banks and consumer staples while most sectors ended the day slightly up. This came after renewe...

Highlights ASX 200 lost some early gains but managed to close 0.4% higher at 7,155.2 points. Big four banks, supermarket duopoly Woolworths and Coles and gold stocks drove gains. Global growth concerns and weak US economic data weighe...

Today, the S&P/ASX 200 Index (ASX: XJO) ducked and weaved through a patchy market to finish in the green. At the end of the session, the benchmark index climbed 0.37% higher to 7,155.2 points. It was a hit-and-miss bout on the Aussie s...

ASX 200 was up 0.56% today Investors flock to gold stocks on flight to safety Tech stocks plunge 2.5% as risk aversion kicks in   The benchmark ASX 200 index closed 0.56% higher today as investors flocked into gold stocks. It was a flight...

The All Ordinaries Index (ASX: XAO) is in the green on Wednesday, lifting 0.62%, helped along by these shares. Interestingly, they’ve found themselves among the index’s leaders without uttering a single word to the market today. Let’s tak...

Highlights The S&P/ASX All Ordinaries Gold Index (ASX:XGD) was up 2.47% at 6,533.20 points at 11:08 AM AEST today. Eight of 11 sectors traded higher today, while Materials was one of today's best performing sectors. A rise in gold...

Highlights ASX 200 extended losses by 20.10 points today. Technology remained the top losing sector while financials cheered the market. Tabcorp, Nufarm, Allkem were some newsmakers of the day. Australian shares finished today’s t...

ShareCafeEvening Report: 24 May, 2022 by Melissa Darmawan   Australian shares ran out of steam and closed at session lows as investors mulled on whether the fresh stimulus from Beijing is enough to offset China’s lockdowns as tech shares se...

Today, the S&P/ASX 200 Index (ASX: XJO) weakened as sentiment soured following Snapchat‘s (NYSE: SNAP) profit warning. At the end of the session, the benchmark index finished 0.28% lower at 7,128.8 points. Local investors tip-toed thro...

Cooking oil salvaged from your soggy Maccas chips could help Rio Tinto (ASX:RIO) reduce emissions from shipping its iron ore across the globe. The Anglo-Australian mining behemoth has launched a trial with energy giant BP to curb emissions...

ASX 200 is down 0.30% The Lottery Corp makes its debut on the ASX  Tech weighs heavily after Snap Inc warning   The ASX 200 traded in a volatile range today, but ended the day down by 0.3%. The index was up by 0.20% but was not able to ho...

Perseus Mining (PRU) acquires the remaining amount of Orca Gold shares through a statutory plan of arrangement Prior to the deal, Perseus owned roughly 15 per cent of Orca, but it now owns 100 per cent Under the deal, Orca shareholders rec...

Highlights Gold prices jumped on Wednesday due to the weakening dollar and the aggressive approach of the Federal Reserve on inflation. The ASX All Ordinaries Gold Index was up 0.64% at 6,208.80 points today. The shares of major gold...

The S&P/ASX 200 Index (ASX: XJO) is tumbling on Thursday after US shares suffered a sell-off overnight. Today’s dip has seemingly been born from concerns the United States could be heading for a recession after a disastrous Wednesday o...

Gold stocks salvage something from the wreckage after a rough morning for Aussie miners BlueScope Steel rated a buy by Goldman Sachs analysts   A smattering of gold stocks have salvaged some value from the wreckage this morning as falling...

Miners and energy producers steered the share market to a third straight advance after Chinese progress against Covid outbreaks boosted commodity prices. The S&P/ASX 200 rallied 19.5 points or 0.27 per cent. The Australian benchmark...

Orca Gold shareholders approve the C$215 million (A$239 million) takeover deal by Perseus Mining (PRU) Earlier this year, Perseus announced its plans to buy all the outstanding common shares of Orca that it does not already own Completion...

Metals prices rebound as China promises to support economy coming out of Covid lockdowns Iron ore and coal miners perform well as materials stocks lift 0.82% and energy rises 1.55% Perseus and OZ Minerals chase growth with acquisitions W...

Aussie shares pushed for a third straight advance for the first time in a month as gains in commodity stocks offset weakness in tech and healthcare. The S&P/ASX 200 rallied 14 points or 0.2 per cent by mid-session. Rebounds in iro...

ShareCafeEvening Report: 16 May, 2022 by Lauren Evans   Australian shares struggled to maintain their early morning rally after China revealed that it had suffered an 11.1 per cent drop in retail sales during April, which was worse than exp...

ShareCafeLunch Report: 16 May, 2022 by Lauren Evans   The Aussie sharemarket has advanced this morning buoyed by a jump in Brambles (ASX:BXB) and tech shares. This comes after an optimistic finish on Wall Street, which saw a relief-rally fo...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Highlights The S&P/ASX 300 Metals & Mining Index closed 2.02% lower in its last session. S&P/ASX All Ordinaries Gold Index was also 1.95% down. Gold stocks like Newcrest Mining, Evolution Mining and Preseus Mining did not...

Kairos Minerals (KAI) appoints Klaus Eckhof as Non-Executive Chairman, effective immediately, and Peter Turner as Managing Director, effective May 23 In conjunction with the appointment of Mr Eckhof and Dr Turner, Neil Hutchison has resign...

To find 10-bagger stocks investors often go “where the industry is less comfortable”: Rick Rule But risks abound. Lithium favourite AVZ is the latest ASX stock to potentially come unstuck in a Third World jurisdiction Global energy transit...

Where are ASX shares heading? It’s the question we’d all love to know the answer to at any given time. But in a year of turmoil like 2022, it would be even more useful to know. While no one has a working crystal ball, there are observation...

Kairos Minerals has initiated a high-level strategic review of the company’s mineral project portfolio, assets, as well as costs across the board. The review will assess KAI’s Pilbara lithium and gold assets along with the Roe Hill project...

Garimpeiro is glad the quarterly reporting period for the Aussie gold miners has come to an end. The endless complaints about rising costs due to COVID impacts and higher energy costs became unbearable. True, there was real cost pressure on...

The Perseus Mining Ltd (ASX: PRU) share price is tracking lower today despite the company posting a record result for the past three months of activity. In its March quarter report released today, the gold exploration company said that i...

Highlights The ASX 200 Index closed 1.44% lower today at 7,482.40. Materials sector reported the highest fall of 3.12%, followed by the IT and energy sectors. ASX All Ordinaries Gold Index also closed 2.46% lower at 7,320.10 today....

Perseus Mining (PRU) completes drilling at its Nkosuo prospect in Ghana, ahead of a maiden mineral resource estimate (MRE) Results so far include up to 87.3 grams of gold per tonne and according to PRU show similarities to the gold mineral...

Highlights The ASX 200 climbed 0.1%, or 7.2 points, to 7485.2. Major banks posted solid gains which offset losses across the technology sector. Global market sentiments are majorly being driven by developments around Russia-Ukraine wa...

Today, the S&P/ASX 200 Index (ASX: XJO) barely held onto a green finish after reversing from its early morning gains. At the end of the session, the benchmark index finished 0.1% higher at 7,485.2 points. Investors favoured consumer s...

ASX 200 seesaws to close flat Aussie 10-year bond yields at 7-year high China’s inflation rises and beats expectations The ASX 200 opened higher this morning but lost momentum by midday as Aussie bond yields marched to multi-year highs. A...

Financial stocks led the way as the ASX 200 dipped by around 0.5%. Large cap coal stocks also found demand following news of more Russia sanctions ASX 200 tech companies fell sharply, after leading the market on Monday ASX large caps outp...

Highlights Gold prices have fallen further, continuing last week’s decline. Newcrest Mining shares have begun the week higher against the gold price pull back. NCM share price has gone up without any price sensitive announcements....

Highlights ASX 200 closed 0.1% lower and ended the week 1.2% stronger to post the third consecutive week of increases. While tech and consumer discretionary sectors came under pressure, materials was the best performing sector today....

ASX starts the quarter flat RBA appoints a new female deputy governor Property prices still up nationally in March   Local shares closed flat to start the first day of a new quarter. For the week, the ASX 200 index was up 1.32%. Energy an...

The Chamber of Minerals and Energy is one of the most powerful lobby groups in WA, and come budget and election time they tend to have a tight bind around government policy. Backed by groups like BHP (ASX:BHP) and Rio Tinto (ASX:RIO) they t...