Articles On Genesis Minerals (ASX:GMD)

ShareCafeAlkane, Magmatic Two Peas in the Western NSW Mining Pod It was an eventful reporting season for emerging gold/copper miner Alkane – it turned in a solid half-year profit for the six months to December, finally got approval for an e...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

China’s factory activity grew at its fastest rate since April 2012, giving hope to miners Big iron ore stocks and South32 lead the way as materials gains 2.4% St Barbara faces mothballs in Canadian gold business on approval delays China i...

Dacian Gold (DCN) CEO Dale Richards is stepping down from the top role amid a string of board and management changes for the gold explorer With an off-market takeover deal with Genesis Minerals (GMD) now closed, Mr Richards will return t...

The Perth rumour mill went into overdrive this week amid speculation Raleigh Finlayson may be able to renegotiate the terms of a merger between Genesis Minerals and St Barbara.

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

Two S&P/ASX 200 Index (ASX: XJO) mining shares are tumbling as much as 9% on the release of earnings today. That’s despite one posting a whopping 300% jump in profits. Let’s take a closer look at the news seemingly driving them dee...

Newcrest surges after Newmont, world’s largest gold miner, bids for Australia’s biggest gold producer NCM was founded as a subsidiary of Newmont in 1966 before striking out on its own in 1990 Deal comes four Australia’s largest gold miner...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

Genesis Minerals says its takeover offer for Dacian Gold is its “best and final” bid, and will not be extended beyond February 20. 

Dacian Gold has announced that its Mt Morgans gold mine in Western Australia will close at the end of March. The mine is located 37km west-southwest of Laverton. Mining was first suspended at Mt Morgans in June of last year after managing...

Copper prices have performed strongly since China ended its Covid-Zero policy But Capital Economics thinks they may have run too fast, predicting a tough few months as reality catches up with expectation Miners slide, with gold miners hit...

11 producer quarterlies ranked from goodest to ‘don’t look down’ Eight gold miners and others on the bill with MinRes, Newcrest, St Barbara, West African among those reporting December performance It’s quarterly season, in case you haven’...

The St Barbara Ltd (ASX: SBM) share price is having a day to forget on Wednesday. At the time of writing, ASX All Ords gold share is down 16% to 75 cents. As you can see below, this latest decline means the St Barbara share price is now do...

The first drilling assays from Lindian Resources’ Kangankunde rare earths project are super thick, high grade PolarX share price is now at its highest point since early March last year Askari (lithium), Brightstar (gold) and EV Resources (...

Big name Genesis Minerals recruit Nev Power and his chopper pilot son Nick are among potential witnesses in Cameron Waugh’s prosecution for insider trading before a $30 million corporate makeover.

Experts see gold approaching US$2000/oz in 2023 after holding up remarkably well against the rate hikes of 2022 Martin Place Securities says currency weakness will prompt buyers to turn to gold as a safe haven Argonaut’s Eddie Rigg gives h...

Metals Focus reckons early 2021 Reddit squeeze sparked almost two years of record retail silver demand US market achieved a new high last year of almost 4,000t of physical silver investment, “a performance which could be eclipsed this year...

The ASX has closed 0.77% lower on the last trading day before Christmas  Markets fell across the globe following strong falls on Wall Street TPG recoups some losses after falls earlier in the week after ACCC blocks deal with Telstra   Sto...

The strategic alliance of gold assets owned by Brighstar and Kingwest creates a company of scale in the Leonora-Laverton district which is undergoing consolidation by Genesis Minerals. Brightstar Resources (ASX:BTR) and Kingwest Resources...

Alleged western suburbs insider trader Cameron Waugh has stumped up $100,000 bail with a $100,000 guarantee from an unknown supporter so he can enjoy festive celebrations ahead of his next court appearance.

A Perth man has been arrested by the Australian Federal Police after the Australian Securities & Investments Commission (ASIC) charged him with offences relating to insider trading and subsequently sought a warrant for his arrest. ASIC...

The Federal watchdog has charged a Cottesloe man with six counts of insider trading over alleged dealings in Genesis Minerals shares.

ShareCafeThe Week that Was: December 12-16, 2022 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so...

Gold prices have historically outperformed during recessions ANZ research raises end of 2023 gold price target to $US1,900/oz Weekly small cap standouts: Peregrine Gold (ASX:PGD), Ora Gold (ASX:OAU) Our Gold Digger column wraps all the ne...

Rio hasn’t given up on its Jadar lithium mine, almost one year after it was halted by the Serbian Government and community opposition Rio’s Simandou iron ore development could be approved in the first half of 2023, says Goldman Sachs A bun...

15 Dec 2022 - The complicated takeover of St Barbara (ASX:SBM) by Genesis Minerals (ASX:GMD) is underway with a successful $275 million share placement aimed at financing the whole…

15 Dec 2022 - The complicated takeover of St Barbara (ASX:SBM) by Genesis Minerals (ASX:GMD) is underway with a successful $275 million share placement aimed at financing the whole…

ShareCafeGenesis Phase One Complete with Successful Placement The complicated takeover of St Barbara by Genesis Minerals is underway with a successful $275 million share placement aimed at financing the whole transaction and early months of...

Westpac resets iron ore forecasts after price run to US$110, but says tight supply may be the main cause Comes one month after it knocked down iron ore forecasts in November Gold miners rise on US inflation news, led by Hoover House partne...

The S&P/ASX 200 Index (ASX: XJO) spent a second consecutive day in the green on Wednesday. At the end of today’s session, the index was 0.7% higher at 7,251.3 points. So, what was its top performing sector? It was none other than the...

Australian shares closed at their highest in a week as cooling inflation in the US steadied nerves ahead of likely rate rises in the US, Europe and the UK. The S&P/ASX 200 rallied 48 points or 0.67 per cent to 7251. Highly-geared...

The S&P/ASX 200 Index (ASX: XJO) is backing up the gains that we saw yesterday with another positive day for the share market so far this Wednesday. At the time of writing, the ASX 200 Index has added another 0.56%, which lifts the in...

The S&P/ASX 200 Index (ASX: XJO) is on form again on Wednesday. In afternoon trade, the benchmark index is up 0.4% to 7,234.4 points. Four ASX shares that are climbing more than most today are listed below. Here’s why they are risin...

Genesis shares have traded as high as $1.535, delivering a big paper profit to investors who backed its $275m placement at $1.20 a share.

The share market pushed to its highest in a week after a positive end to a volatile session on Wall Street amid signs inflationary pressures were easing. The S&P/ASX 200 climbed 26 points or 0.36 per cent by mid-session. The index pu...

The St Barbara Ltd (ASX: SBM) share price has returned from its trading halt with a bang. At one stage today, the gold miner’s shares were up over 25% to 81.7 cents. The St Barbara share price has since pulled back a touch but remains up...

13 Dec 2022 - Kerry Stokes looks likely to tighten his grip on the consolidation of gold mining in the Laverton area of the WA goldfields after Genesis Minerals moved to add St Bar…

Lightning Minerals identifies multiple pegmatite intrusion outcrops at Dundas project Galan moves to 100pc ownership of the Green Bushes South Lithium Project Critical Resources’ recent assay results at Mavis Lake extends the current strik...

Brokers have recently placed a buy or outperform rating on two S&P/ASX 300 Index (ASX: XKO) gold shares. Bellevue Gold Ltd (ASX: BGL) and St Barbara Ltd (ASX: SBM) have both received a positive forecast from brokers. Let’s take a loo...

13 Dec 2022 - Kerry Stokes looks likely to tighten his grip on the consolidation of gold mining in the Laverton area of the WA goldfields after Genesis Minerals moved to add St Bar…

ShareCafeSt. Barbara Turns Up in the Book of Genesis Kerry Stokes looks likely to tighten his grip on the consolidation of gold mining in the Laverton area of the WA goldfields after Genesis Minerals moved to add St Barbara to its previous...

A slow start to the week with the ASX 200 down 0.45% today Small cap index falls 0.59% and 7 out 11 sectors finish lower CBA says consumer sentiment could be in deeply pessimistic territory for some time   The local bourse had a flaccid s...

St Barbara is to merge with fellow gold explorer Genesis Minerals in a deal that will see the two companies form a whole new gold mining player, Hoover House. The post St Barbara Strikes Merger with Genesis appeared first on Money Morning A...

The share market fell to its lowest in almost three weeks ahead of a likely wave of interest rate hikes overseas this week. With central banks preparing to meet in the US, Europe and UK, the S&P/ASX 200 fell 32 points or 0.45 per cen...

Welcome to the end of the day, where we recognise that your day has been just as hectic as ours, so we spend some time trawling through the news to bring you the bits and bobs from the ASX and elsewhere that keep you informed and looking su...

The share market fell to its lowest in nearly three weeks after Wall Street retreated ahead of key risk events, and gas suppliers wilted under the threat of proposed government price caps. The S&P/ASX 200 dropped 49 points or 0.68 pe...

ShareCafeGas stocks weighing down the market: ASX 0.57% lower at lunch by Lauren Hayes   The local market has continued its downward trajectory after US stocks finished lower Friday, with all the major averages posting losses for the week,...

The St Barbara Ltd (ASX: SBM) share price won’t be going anywhere on Monday. That’s because this morning the struggling gold miner requested a trading halt. Why is the St Barbara share price halted? The St Barbara share price was place...

Western Australia is set to gain a new gold giant after Raleigh Finlayson’s Genesis Minerals and the troubled St Barbara confirmed speculation of an imminent merger.