Articles On Gascoyne Resources (ASX:GCY)
Title | Source | Codes | Date |
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Ground Breakers: Iron ore back below US$100/t on China steel concerns
Iron ore prices dived under the US$100/t mark overnight, falling to their lowest levels in around six weeks. According to Fastmarkets MB benchmark 62% iron ore fines were demanding US$95.77/t in northern China, down US$7.66. That move follo... |
Stockhead | GCY | 2 years ago |
Westgold closes book on Gascoyne tilt
Westgold Resources has sought to close the book on its takeover bid for Gascoyne Resources after a court on Monday approved the target’s tie-up with Firefly Resources. |
The West | GCY | 2 years ago |
Firefly Resources (ASX:FFR) wins battle for Gascoyne Resources (ASX:GCY)
Firefly Resources (FFR) wins the battle for Gascoyne Resources (GCY) as the Supreme Court of Western Australia approved the scheme Firefly and Westgold Resources (WGX) both made offers for Gascoyne, however with Firefly making the initial... |
themarketherald.com.au | GCY | 2 years ago |
Gascoyne Resources shares fall further after Firefly Resources merger nod
Shares in Gascoyne Resources have fallen again after a court approved its tie-up with explorer Firefly Resources, effectively ending Westgold Resources’ bid for the junior gold miner. |
The West | GCY | 2 years ago |
Ground Breakers: Gascoyne caught between a rock and a hard place as Firefly merger clears court hurdle
Westgold Resources’ (ASX:WGX) bid to takeover Gascoyne Resources (ASX:GCY) looks to have ended in a damp squib after the WA Supreme Court gave the go ahead to Gascoyne’s tie-up with Firefly Resources (ASX:FFR) yesterday. The cancellation of... |
Stockhead | GCY | 2 years ago |
Court nod for Gascoyne-Firefly tie-up
The WA Supreme Court has waved through a merger deal between Gascoyne Resources and Firefly Resources effectively ending Westgold Resources’ takeover ambitions for the gold miner. |
The West | GCY | 2 years ago |
Ground Breakers: Plot twists keep coming in gold mining M&A madness
Two of the gold sector’s most absorbing takeover battles are hitting a crescendo today, with Westgold Resources’ (ASX:WGX) bid to upend Gascoyne Resources’ (ASX:GCY) merger with Firefly (ASX:FFR) hanging over a key court hearing and Rameliu... |
Stockhead | GCY | 2 years ago |
Court set to decide fate of Gascoyne imbroglio
A WA Supreme Court hearing to sign off on a tie-up between Gascoyne Resources and Firefly Resources could seal the fate of Westgold Resources’ bid for the junior gold miner. |
The West | GCY | 2 years ago |
Gold Digger: Ounce-hungry gold miners investing big $$ in M&A, new developments
The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely to hoover up struggling producer Gascoyne... |
Stockhead | GCY | 2 years ago |
Closing Bell: Cancer-fighting medtech stock rockets 138% higher as ASX trades flat
Local stocks lost ground on Thursday, with minor falls at the big end of town and a slightly steeper drop of ~0.8% for the microcap Emerging Markets Index. The ASX opened with a weak lead from Wall Street, after a fortnight of steady gains... |
Stockhead | GCY | 2 years ago |
Here’s why the Gascoyne Resources (ASX:GCY) share price is up 15%
The Gascoyne Resources Limited (ASX: GCY) share price has had a golden day, closing up 15.66% at 48 cents. There’s a bit to cover here, so let’s get straight into it. What’s led us to this point? The gold miner’s shares were on the move... |
Motley Fool | GCY | 2 years ago |
Monsters of Rock: Westgold gains support in Gascoyne stoush and Whitehaven rejects coal criticism
Westgold Resources (ASX:WGX) appears to have secured the support of Gascoyne Resources’ (ASX:GCY) biggest shareholder despite losing a last minute bid with the Takeovers Panel to delay a meeting key to its offer. Gascoyne, which plans to me... |
Stockhead | GCY | 2 years ago |
Closing Bell: ASX finishes flat as investors ponder inflation and booster shots
The ASX got off to a solid start today but the rally eased following the release of inflation data. Core inflation rose at the fastest pace since 2015 leading to speculation that the tightening of monetary policy could come sooner than 2024... |
Stockhead | GCY | 2 years ago |
ASX trims opening gains; Crown, Star Entertainment shine
Highlights The ASX 200 was trading 0.25% higher by Tuesday mid-session, having pared half of early gains. Seven of 11 sectors traded higher, led by tech and consumer discretionary stocks. Casino operator Crown Resorts and Star Enterta... |
Kalkine Media | GCY | 2 years ago |
Gascoyne calls halt after NRW folds into Westgold offer
Gascoyne Resources has placed its shares in a trading halt ahead of an announcement about major shareholder NRW Holdings agreeing to support a hostile scrip takeover offer from Westgold Resources. |
The West | GCY | 2 years ago |
Westgold nabs key backer for Gascoyne takeover
Westgold Resources has secured the support of NRW Holdings in its all-scrip takeover battle for control of Gascoyne Resources. |
The West | GCY | 2 years ago |
ASX trims opening gains; Crown, Star Entertainment shine
Highlights The ASX 200 was trading 0.25% higher by Tuesday mid-session, having pared half of early gains. Seven of 11 sectors traded higher, led by tech and consumer discretionary stocks. Casino operator Crown Resorts and Star Enterta... |
Kalkine Media | GCY | 2 years ago |
ASX 200 opens higher; Crown Resorts gains as it is set to keep licence
Highlights Australian benchmark index, the ASX 200, was up 0.3% to 7,462 in early trade on Tuesday. On Wall Street, the Dow Jones and S&P 500 hit fresh all-time highs on Monday. 10 out of the 11 sectors are trading higher, with th... |
Kalkine Media | GCY | 2 years ago |
Monsters of Rock: Investors pile into MinRes on Wodgina restart news
Mineral Resources (ASX:MIN) was the standout among the major miners on the news the $8 billion company and US chemicals giant Albemarle plan to restart the Wodgina lithium mine in the Pilbara. The operation was mothballed just one week afte... |
Stockhead | GCY | 2 years ago |
ASX 200 holds its opening gains as Victoria plans to ease COVID-19 curbs
Highlights By lunchtime, Australian shares were trading 0.44% or 32.5 points up at 7,448.5, retracing from the day’s high of 7,462.6. Bulls seem to have an upper hand today, with seven out of the 11 sectors trading higher. The IT sect... |
Kalkine Media | GCY | 2 years ago |
Westgold sweetens offer for Gascoyne
Westgold Resources is ramping up pressure on the board of Gascoyne Resources by sweetening its all-scrip takeover offer for the junior gold miner. |
The West | GCY | 2 years ago |
Gascoyne hits more near mine shallow gold
Gascoyne Resources has hit another patch of shallow gold with respectable grades at its Hendricks prospect in WA just 1.5kms from its Dalgaranga gold mine. |
The West | GCY | 2 years ago |
Gascoyne Resources has further shallow gold hits at Hendricks, near Dalgaranga processing plant
The latest results support a potential shallow oxide open pit and there is potential for Hendricks to be integrated into the Dalgaranga mine plan under assessment. |
Proactive Investors | GCY | 2 years ago |
Ground Breakers: Base metals take off and gold M&A is making its return
What a time it is to be in base metals, with depleting stocks in metals warehouses and smelter shutdowns in energy starved Europe and China propelling prices to record levels. Is it a short-term phenomenon or a harbinger of what’s to come?... |
Stockhead | GCY | 2 years ago |
Westgold’s hostile Gascoyne bid secures backer
Westgold Resources is expected to announce today that it has secured the backing of a substantial shareholder of Gascoyne Resources for its hostile $123 million scrip bid for the company. |
The West | GCY | 2 years ago |
Ground Breakers: Global steel demand will rise in 2022 but key China market will be flat, WSA says
Global steel demand is expected to to rise 2.2% to almost 1.9 billion tonnes in 2022, the World Steel Association says. That would come after a 4.5% rise to 1.855Bt in 2021, driven by a quicker than expected return to pre-pandemic economic... |
Stockhead | GCY | 2 years ago |
Westgold appeals to umpire in Gascoyne takeover stoush
Westgold Resources has called on the Takeovers Panel to intervene in its hostile bid to take control of Gascoyne Resources. |
The West | GCY | 2 years ago |
Trading Tidbits: BUB, PGH, GCY
ShareCafeTrading Tidbits: BUB, PGH, GCY Good news and bad from the pandemic for two mid-caps yesterday and the shares of the two went in very different directions while an attempted takeover in gold is getting scrappy. ………… First up shares... |
ShareCafe | GCY | 2 years ago |
Gascoyne (ASX:GCY) share price slides 9% after board rejects takeover
The Gascoyne Resources Ltd (ASX: GCY) share price closed Wednesday’s trading session 9.52% lower at 38 cents a share. The gold miner’s shares were on the move today after the company’s board rejected a takeover bid from Westgold Resources... |
Motley Fool | GCY | 2 years ago |
Gascoyne Resources’ revised business plan for Dalgaranga Gold Project to boost cash flow
“The Board firmly believes that Gascoyne combined with Firefly provides greater value to shareholders than the individual parts.” |
Proactive Investors | GCY | 2 years ago |
Ground Breakers: Uranium fever is back and investors are frothing for yellowcake large caps this morning
Uranium prices got back on the move overnight (here’s why), and there was some feverish buying this morning in the headline uranium stocks, with Paladin Energy (ASX:PDN) gaining more than a fifth of its value. Spot #uranium 4025/4075 USc/L... |
Stockhead | GCY | 2 years ago |
Here are the top ASX large cap movers for Tuesday
Local markets are still struggling to find an upward catalyst, as the ASX 200 followed Wall Street lower in Tuesday trade. Tech stocks again led falls at the big end of town, as the ASX 200 Information Technology index dipped by 1.46%. High... |
Stockhead | GCY | 2 years ago |
Closing Bell: Liontown spinoff Minerals260 shrugs off ASX malaise to shine
Minerals260 (ASX:MI6), a spinoff from Liontown Resources (ASX:LTR), enjoyed a positive debut despite the ASX finishing down again. The ASX 200 retreated 0.26% to close at 7,821 points with all sectors in the red except consumer staples and... |
Stockhead | GCY | 2 years ago |
Closing Bell: NSW lockdown ends but market downturn drags on
The ASX retreated again as angst over inflation and the withdrawal of stimulus continued to weigh on global markets. The ASX 200 closed at 7,300 – 0.28% lower than Friday’s close. Tech was the biggest laggard, losing nearly 3% but energy an... |
Stockhead | GCY | 2 years ago |
Gascoyne Resources, Predictive Discovery and PVW Resources granted trading halts by ASX
The three ASX-listed companies are expected to resume trading on October 13, 2021, or when the relevant announcement is released to the market. |
Proactive Investors | GCY | 2 years ago |
Gold Digger: Gold M&A is heating up. Which junior is the next takeover target?
Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his... |
Stockhead | GCY | 2 years ago |
Ground Breakers: Miners raise the roof as US debt ceiling deal drives market higher
The USA appears to have staved off concerns about a standoff on the debt ceiling, ending fears on an impending default by the US Government. It has meant happy times in capital markets, with mining stocks leading the ASX 200 in a merry danc... |
Stockhead | GCY | 2 years ago |
Westgold ramps up pressure on Gascoyne in takeover fight
Westgold Resources has upped the ante on Gascoyne Resources in its hostile battle for control of the rival Murchison gold producer. |
The West | GCY | 2 years ago |
Gold Digger: Gold is back on the menu amidst market chaos
There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol... |
Stockhead | GCY | 2 years ago |
Westgold makes a play for Gascoyne
In a stunning turnaround in fortunes, Gascoyne Resources has gone from being in Administration a little over a year ago to being chased around the block by suitors looking to merge with it or take it over. |
The West | GCY | 2 years ago |
Westgold slides into Gascoyne’s DMs to scupper Firefly deal
Peter Cook-chaired Westgold Resources (ASX:WGX) has slid in with an unsolicited bid to scupper Gascoyne Resources’ (ASX:GCY) proposed merger with Firefly Resources (ASX:FFR) in an effort to become a 500,000ozpa gold producer. If successful... |
Stockhead | GCY | 2 years ago |
Here’s why the Gascoyne (ASX:GCY) share price is rocketing 23% today
The Gascoyne Resources Ltd (ASX: GCY) share price is surging today, up 22.6% at time of writing, to 38 cents per share. The All Ordinaries Index (ASX: XAO), for context, is up a more modest 0.9% at this same time. Below we look at the take... |
Motley Fool | GCY | 2 years ago |
Gascoyne Resources receives unsolicited takeover offer from Westgold Resources
Gascoyne is yet to see a formal bid and advises shareholders to “take no action” on the conditional off-market offer that values the company at $105 million. |
Proactive Investors | GCY | 2 years ago |
Gascoyne Resources receives unsolicited takeover offer from Westgold Resources, shares jump
Gascoyne is yet to see a formal bid and advises shareholders to “take no action” on the conditional off-market offer that values the company at $105 million. |
Proactive Investors | GCY | 2 years ago |
Takeover battle underway as Westgold targets 'at crossroads' Gascoyne - MiningNews.net
WESTGOLD Resources wants to acquire Gascoyne Resources and has urged Gascoyne's board to both ditch the deal with Firefly Resources and “respect their ... |
Mining News | GCY | 2 years ago |
Australia… One Hour In… ASX200 up 61
ShareCafeAustralia… One Hour In… ASX200 up 61 ASX200 up 61 points (0.8%) to 7258. Commonwealth Bank (+1%); don’t forget the buy back closes tomorrow. Fortescue (+0.7%); operations at Solomon Hub have been suspended due to a significant i... |
ShareCafe | GCY | 2 years ago |
Westgold launches $105m hostile scrip bid for Gascoyne
Westgold Resources has launched a hostile all-scrip bid for smaller Murchison gold producer Gascoyne Resources which rivals the company’s proposed tie-up with Firefly Resources. |
The West | GCY | 2 years ago |
Gascoyne Resources' merger with Firefly to increase production and unlock synergies in the Murchison gold mining region
Gascoyne already has a consistent gold production centre at the Dalgaranga Gold Project with 77,000 ounces produced in FY21 Merger agreement with Firefly provides a pathway to increased grade and resources |
Proactive Investors | GCY | 2 years ago |
Gascoyne strikes more gold near existing plant
ASX-listed gold producer Gascoyne Resources has unearthed a patch of shallow gold just 1500m from its Dalgaranga processing plant known as the Hendricks prospect. The company’s flagship Dalgaranga gold project produced in excess of 77,000 o... |
The West | GCY | 2 years ago |
The 18 small cap stocks revving Tolga Kumova’s engine right now
Tolga Kumova’s taste in high-powered cars reflects his status as one of Australia’s highest profile investment success stories – it’s probably little surprise the man drives a Ferrari. What may surprise you, however, is the recent revelati... |
Stockhead | GCY | 2 years ago |