Articles On Genesis Minerals (ASX:GMD)

Title Source Codes Date
Bellevue pours first gold from toll treatment at Gwalia, begins stoping

Bellevue Gold has poured its first gold bar as part of an early cashflow campaign, with toll treatment taking place at Genesis Minerals’ Gwalia facility.

The West GMD 8 months ago
Carnavale Resources takes on ‘aggressive’ drilling campaign at Kookynie Gold Project, WA

Junior explorer Carnavale Resources (ASX:CAV) has launched a 5000m reverse circulation (RC) drilling program at the McTavish East prospect within its Kookynie Gold Project in Western Australia. The company, which has a $23.33 million market...

Mining.com.au GMD 8 months ago
ASX Large Caps: Shares fall 1pc after Chinese property developer defaults; iron ore, lithium stocks down

The ASX is down almost 1pc today China’s concerns are weighing on markets Aussies still confident stock portfolio will go up in 1 year   The ASX 200 dropped by -0.85% today as concerns about the Chinese economy weighed on markets. Today’s...

Stockhead GMD 8 months ago
ASX Large Caps: The Star casino and Nick Scali notch wins for Discretionary, but crude prices sap Energy

Local shares dropped on Friday, but up slightly for the week Energy stocks weighed after a 2pc drop in crude prices Microsoft to become a subject of US government investigation over breach   The ASX 200 dropped by -0.25% on Friday, and fo...

Stockhead GMD 8 months ago
Gold Digger: Get set – if the ’70s is any guide, gold’s next leg up will be explosive

Similarities between the 1970s bull run, which saw gold soar 2,300%, and today “If the 1970s analogy holds, the next leg will be explosive”: Goehring and Rozencwajg This week’s top ASX precious metals stocks Our Gold Digger column wraps a...

Stockhead GMD 8 months ago
ASX Large Caps: Coal stocks gain, online fashion retailer Cettire jumps 20pc as sales double

The ASX gained 0.1% on Thursday ahead of US CPI data tonight Coal stocks gained, while most Asian markets finished lower Fashion retailer Cettire up by more than 20pc on strong FY23 results   Local shares climbed modestly by 0.1% on Thurs...

Stockhead GMD 8 months ago
Diggers & Dealers 2023: Genesis boss Raleigh Finlayson sees heritage backflip as opportunity for approvals

Genesis Minerals’ Raleigh Finlayson says the reversal of cultural heritage laws provides an opportunity for the Cook Government to fast-track mining projects in the same way it did for the Super Pit.

The West GMD 8 months ago
Diggers and Dealers: Gold is unloved but prices are poised to scale new heights if these miners are right

Gold miners have fallen behind battery metals producers as the go-to stock for mining investors While returns are lagging they say the environment for higher gold prices is emerging Evolution Mining’s Jake Klein says gold should surge abov...

Stockhead GMD 8 months ago
Asra Minerals Mt Stirling project ‘up there with the best quality rare earths deposits’

There are several reasons Asra Minerals’ Mt Stirling clay rare earths project stands out from the rest. In early 2022, WA focused explorer Asra Minerals (ASX:ASR) uncovered exciting clay rare earths potential at its ‘Mt Stirling’ project in...

Stockhead GMD 8 months ago
Gold mining rainmaker predicts intensified deal activity in Australian gold sector

Renowned gold mining executive Raleigh Finlayson is tipping a spate of intensified deals in the Australian gold sector, expressing an uncommonly bullish outlook for the precious metal. As the Managing Director of Genesis Minerals, Finlayson...

ShareCafe GMD 8 months ago
Gold Digger: China is hoovering up gold bars and De Grey is everything, everywhere, all at once

China’s gold imports have risen a massive 16% in the first half of 2023 Spot prices are down following the US Fed hiking interest rates to 5.5% De Grey has gold options here, there and everywhere in the Pilbara Our Gold Digger column wrap...

Stockhead GMD 8 months ago
A new leader to kickstart Gwalia historic mine

Genesis Minerals has appointed experienced mining executive Matt Nixon as general manager of its Leonora gold project. The company’s newly acquired Leonora gold project lies 200km north of Kalgoorlie in the highly prospective Eastern Goldf...

Australian Mining GMD 8 months ago
Genesis Minerals appoints new boss of Gwalia gold mine

The new owners of the Gwalia gold mine have appointed experienced mining executive Matt Nixon to the role of general manager, with a key immediate task being a strategic review of the Leonora operation.

The West GMD 8 months ago
Shares in Silver Lake plunge

Silver Lake Resources (ASX:SLR) shares have had a shocking start to the week, with a slump of more than 20% following Monday's release of a confusing quarterly statement for the three months up to June and the 2022-23 financial year. It's n...

ShareCafe GMD 8 months ago
St Barbara delivers golden June quarter results

St Barbara has released its June 2023 quarter report, which outlined highlights such as producing 77,125 ounces of gold in the quarter at an all in sustaining cost (AISC) of $2145 per ounce. This was a notable increase from St Barbara’s Ma...

Australian Mining GMD 9 months ago
St Barbara flags massive writedown of Atlantic asset in Canada over long-running permit dispute

St Barbara’s Leonora operations have delivered a fourth-quarter blinder just as the company offloaded the asset to Genesis Minerals. Now it is warning of a big writedown to one of its two remaining assets.

The West GMD 9 months ago
2 ASX mining directors buying their company shares in the past fortnight

Two ASX mining directors have been splurging on their own company’s shares in the past fortnight. It’s pretty much always a good sign when company directors spend their own money buying more shares in the businesses they run. It signals...

Motley Fool GMD 9 months ago
Closing Bell: ASX falls flat after strong employment data muddies waters

The ASX 200 built a platform for success today. Which failed. It fell flat at close Sectors wise, Financials, IT and Industrials did okay. The others, very much including Health Care and Utilities, didn’t Notable performers today: Nuix (AS...

Stockhead GMD 9 months ago
ASX Large Caps: Shares flat after strong jobs data and updates from miners; Telix tumbles 15pc on Q2 results

Shares closed flattish as Aussie jobless rate falls to 3.5% Earnings season heats up as a handful of miners give updates China keeps cash rate unchanged, dashing market hopes   Local shares closed flat on Thursday as traders assessed the...

Stockhead GMD 9 months ago
Bellevue gold gearing up for production

Bellevue Gold has advised the market that its flagship WA gold project has begun generating early cash flow, and is on schedule for first production in the December quarter of this year. Bellevue announced that the first ore from the Vangu...

Australian Mining GMD 9 months ago
The gold bulls might be waking. These active explorers are sitting under $40m market cap

Sentiment appears to be improving with a recent survey indicating that retail investors are starting to look at gold and precious metals, though analysts remain cautious. In its survey for the week ending 14 July 2023, Kitco News found that...

Stockhead GMD 9 months ago
Linden Gold signs non-binding term sheet with St Barbara for debt restructuring

ASX hopeful Linden Gold Alliance (LGA) has signed a non-binding term sheet to settle its debt owed to listed miner St Barbara (ASX:SBM).  Both companies have signed indicative terms to settle and wind down a secured Second Fortune finance f...

Mining.com.au GMD 9 months ago
Weekly Ratings, Targets, Forecast Changes – 14-07-23

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquari...

FNArena GMD 9 months ago
Gold Digger: ASX producers stack on gains as bullion bounces toward US$2000/oz

Gold surges to US$1960 on geopolitical risk, softer inflation figures Sold down ASX producers, project developers enjoy strong gains 5 +$1bn capped gold stock ink double digit gains, the rest not far behind Our Gold Digger column wraps al...

Stockhead GMD 9 months ago
ASX Large Caps: Risk sentiment is back on, gold miners fly, US earnings season kicks off tonight

The ASX surged by over 1.65% as risk sentiment rises after weak US CPI All 11 ASX sectors finished in the green, led by Mining, Discretionary and Real Estate All eyes are now on the US earnings season which will kick off tonight   Local s...

Stockhead GMD 9 months ago
MLG Oz scoops up $36 million in mining services contracts

Mining services provider MLG Oz (ASX:MLG) has secured contracts valued at around $36 million to conduct haulage and construction work for 3 ASX-listed gold miners in Western Australia. The company reports it has been selected as the preferr...

Mining.com.au GMD 9 months ago
Ground Breakers: A separation for Andrew Forrest and St Barbara’s final swing at Gwalia

Andrew and Nicola Forrest split won’t affect Fortescue control, iron ore miner says St Barbara reports strong end to 2023 as Gwalia passes to new owners Gold miners surge, up 51% in a year, as US CPI print gives hope for end to rate hikes...

Stockhead GMD 9 months ago
Golden showdown: St Barbara’s cash pile attracts predators in the resources sector

St Barbara (ASX:SBM) looks like a very attractive cash pile that could be snapped up by any one of a handful of predators in the WA resources sector in the wake of the reshuffle of its Leonora gold mining assets with Genesis Minerals. A com...

ShareCafe GMD 9 months ago
St Barbara sees solid production results

A week after completing the sale of its Leonora assets to Genesis Minerals, St Barbara has provided a production update for the June 2023 quarter (Q4 FY23) and 2023 financial year (FY23). St Barbara has recorded a total group gold producti...

Australian Mining GMD 9 months ago
Monsters of Rock: Crazy action sends gold miners flying and Bellevue to five year high

Gold miners win the afternoon, up almost 3.5% today with a few real standouts Chief among them was Bellevue Gold (ASX:BGL) which is now +825% over the past 5 years to a market cap of $1.87 billion Also running: Evolution, Northern Star, De...

Stockhead GMD 9 months ago
Why did the Bellevue Gold share price just jump 12% to a new decade high?

Investors have been bidding the Bellevue Gold Ltd (ASX: BGL) share price higher again on Tuesday. At the time of writing, the gold developer’s shares are up 12% to a decade high of $1.62. Why is the Bellevue Gold share price rocketing hi...

Motley Fool GMD 9 months ago
Gold Digger: An investment in the ASX’s Gold Index one year ago would’ve netted a 40pc return, against just 6pc in the ASX 200

The All Ordinaries Gold Sub-Index (comprising 24 gold stocks)  is up 15.44% YTD, a massive 40.1% over the past 12 months, and 27% over the past 5 years Gold miners begin rolling out FY23 results Standout small caps of the week: Titan Miner...

Stockhead GMD 9 months ago
ASX Large Caps: ASX drops another 1pc as Magellan tumbles 8pc on more fund outflows

The ASX stumbled by over 1% on Thursday following the Fed minutes release overnight Energy, Discretionary and Mining stocks led the selloff Blackrock boss Larry Fink says he aims to make Bitcoin trading cheaper   Local shares dropped by o...

Stockhead GMD 9 months ago
Lenora assets sale delivers millions for St Barbara

With St Barbara having completed its sale of its Leonora assets to Genesis Minerals, it has reported a closing cash balance of $294 million as of June 30 2023. The news comes following a strong June quarter (Q4) performance for the 2023 fi...

Australian Mining GMD 9 months ago
Leonora assets sale delivers millions for St Barbara

With St Barbara having completed its sale of its Leonora assets to Genesis Minerals, it has reported a closing cash balance of $294 million as of June 30 2023. The news comes following a strong June quarter (Q4) performance for the 2023 fi...

Australian Mining GMD 9 months ago
St Barbara shares plunge after company completes sale of Gwalia mine to Genesis Minerals

St Barbara shareholders appear to be exiting the gold miner following the completion of the sale of its Gwalia mine to Genesis Minerals. 

The West GMD 9 months ago
Why ARB, Magellan, Nanosonics, and St Barbara shares are dropping today

The S&P/ASX 200 Index (ASX: XJO) is well and truly out of form on Thursday. In afternoon trade, the benchmark index is down 1.1% to 7,172.6 points. Four ASX shares that are falling more than most today are listed below. Here’s why t...

Motley Fool GMD 9 months ago
Ground Breakers: Another day, another dire battery metals projection

The world could need 400 new mines to hit decarbonisation targets. Where’s Brian Lara when you need him? Calidus and Tietto roll out numbers at slowly ramping gold ops Miners tumble on bearish Chinese property news Another day, another di...

Stockhead GMD 9 months ago
Why is the St Barbara share price crashing 53% today?

The St Barbara Ltd (ASX: SBM) share price has sunk deep into the red on Thursday. In morning trade, the gold miner’s shares are down almost 53% to 26.5 cents. What’s going on with the St Barbara share price? The good news is that the d...

Motley Fool GMD 9 months ago
Bellevue Gold to generate early cashflow, with Vanguard ore to be processed at Gwalia

Bellevue Gold will generate early cashflow from its Vanguard open pit, with Genesis Minerals to process the ore at its newly acquired Gwalia plant.

The West GMD 9 months ago
Bellevue’s golden boost

Bellevue Gold (ASX:BGL) has entered into a toll treating agreement with a subsidiary of Genesis Minerals (ASX:GMD). This agreement will enable Bellevue to generate early cash flow by processing material from its Vanguard open pit at Genesis...

ShareCafe GMD 9 months ago
In Case You Missed It: Lithium, nickel and a Peruvian divestment deal

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

Stockhead GMD 9 months ago
ASX Large Caps: AGL Energy hits 12-month high, AMP concedes it may face a large legal bill

Banks and mining stocks dragged the ASX lower to -0.35% for the day. AGL Energy hits a 12-month high, as did lithium player PMT. 2yr vs 10yr US yield inversion sends strong signals of American recession risk   Local shares tumbled by ov...

Stockhead GMD 9 months ago
Why did this ASX 300 gold share surge higher on Wednesday?

The St Barbara Ltd (ASX: SBM) share price was a strong performer on Wednesday. The ASX 300 gold share ended the day almost 6% higher at 56 cents. That’s all the more impressive considering its shares were down 1.5% more most of the day....

Motley Fool GMD 9 months ago
Bellevue's golden boost

05 Jul 2023 - Bellevue Gold (ASX:BGL) has entered into a toll treating agreement with a subsidiary of Genesis Minerals (ASX:GMD).

FNN GMD 9 months ago
Bellevue begins Vanguard mining

Bellevue Gold has signed an agreement with Genesis Minerals that involves Genesis processing material from the Bellevue Gold Project, predominantly from the Vanguard open pit. The Bellevue Gold Project is a historic gold mining operation t...

Australian Mining GMD 9 months ago
Genesis formally acquires Leonora

St Barbara’s Leonora assets have now been acquired by Genesis, bringing to an end a months-long takeover process. The acquisition includes the Gwalia underground mine, Leonora mill, Tower Hill project, Zoroastrian project, and the Aphrodit...

Australian Mining GMD 9 months ago
Gold Diggers: Bullion doesn’t know which way is up or down around US$1900/oz

Gold dips its toe below $US1900/oz, but it was too cold so it pulled back up Ora Gold scores a strike at Garden Gully Northern Stawell upgrades its gold inventory 59% Tanami to prove up more resources at its namesake gold project in the NT...

Stockhead GMD 9 months ago
St Barbara leadership shake ups

St Barbara non‐executive chair Kerry Gleeson announced management changes that will be implemented subject to the completion of the Leonora assets sale to Genesis Minerals, subject to take place June 30. Gleeson announced the appointment o...

Australian Mining GMD 9 months ago
St Barbara announces Andrew Strelein as CEO

St Barbara will bring in a new chief executive to replace Dan Lougher after it completes the sale of its Gwalia gold mine to Genesis Minerals. 

The West GMD 10 months ago