Perenti (PRN)- Interim Results

Gold prices have surged to record levels rising 22% in the year to date. The recent weakness in global equity markets has impacted gold equities and we see significant value emerging across the sector. WeRead more

Pacgold’s Alice River Project in northern Queensland has seen a delay to its 2024 drilling season after the resignation of its managing director in June. PGO have appointed Mathew Boyes as the new managing director,Read more

OAU is making steady progress on its Crown Prince development targeting first production towards the middle of next year. Once in production we expect a Crown Prince to be high margin open pit operation withRead more

NVO has reported further encouraging intercepts from its second drill program completed at its Nunyerry North project in the Pilbara. New drilling targeting the Estrid fault returned shallow high-grade hits which will need follow upRead more

CMM’s FY24 result was mixed, with higher non-cash inventory costs and expenses relating to the hedge book close out resulting in earnings coming in 8% below our estimates. However, cash flow was better than weRead more