Articles On Genesis Minerals (ASX:GMD)

The St Barbara Ltd (ASX: SBM) share price is glittering on Thursday. The gold miner’s shares were up 10% to 70.25 cents before being paused from trade. They have since come back and ended the day 7% higher at 68.5 cents. Why is the St Ba...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a modest decline. At the time of writing, the benchmark index is down slightly to 7,191.2 points. Four ASX shares that are not letting that hold them back ar...

The S&P/ASX 200 Index (ASX: XJO) has had a shaky, but overall negative day so far this Thursday. After the brutal sell-off we witnessed yesterday, the ASX 200 opened sharply lower again this morning.  But investors seem to have mello...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is fighting hard to get into positive territory but has fallen just short. At the time of writing, the benchmark index is down slightly to 7,195.7 points. Four ASX shares that are f...

Beleaguered gold producer St Barbara has hit pause in trading after giving short shrift to a potential spoiler bid for its Goldfields assets lobbed by fellow mid-tier miner Silver Lake Resources.

The National Australia Bank Ltd (ASX: NAB) share price is having a day to forget on Thursday. The banking giant’s shares were down as much as 8% after posting a half-year result that fell short of expectations for a number of metrics suc...

The S&P/ASX 200 Materials Index (ASX: XMJ) is rising 1.29% today, but this ASX mining stock is charging far higher. The Caspin Resources Ltd (ASX: CPN) share price gained 61% to hit an intraday high of 47.5 cents. It’s currently sett...

Vulcan Energy Resources Ltd (ASX: VUL) shares are going nowhere today after the company requested a trading halt and announced a capital raising. The S&P/ASX 300 Index (ASX: XKO) lithium stock is frozen at yesterday’s closing price of...

National Australia Bank Ltd (ASX: NAB) shares are plummeting on Thursday. In fact, the big four bank’s stock is trailing the entire S&P/ASX 200 Index (ASX: XJO) right now. It follows the release of the bank’s first-half earnings,...

ASX miners adding to hedge books at prices up to A$3200/oz – well above record highs Heavy hedging a vestige of times past due to losses suffered in the late 90s, early 2000s Regis Resources still has 145,000oz of legacy hedges at frighten...

Azure Minerals’ latest drilling results from its 2022 program have intersected more gold mineralisation at the Daisy Corner and Trevan Well prospects at its Barton project in WA.  Anomalous gold was intersected at Trevan Well including 1m a...

Embattled gold producer St Barbara has expanded on its disappointing results for the March quarter which were key in the company’s decision to sell its Leonora assets to Raleigh Finlayson’s Genesis Minerals. 

Aussie Google searches for ‘how to buy and gold and silver’ at 12 year highs Reporting season: Wednesday small cap standouts: GBM Resources, Ora Banda Mining Our Gold Digger column wraps all the news driving ASX stocks with exposure to pr...

Gold and silver edged higher Tuesday to US$1996/oz and US$25.15/oz Unhedged Gold Road Resources (ASX:GOR) sells 41,818oz in March quarter at a record average price of A$2,764 per ounce Small Cap Standouts: Metalstech, Los Cerros Our Gold...

US deficit blew out in the early 2000s, sparking a major bear market for the USD This was a catalyst for a major increase in price of gold, from US$250 in 2001 to a high of ~$2,000 a decade later: Jesse Felder Yesterday’s ASX News Highligh...

ShareCafeThe Week that Was: April 17-21, 2023 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, h...

One top broker has reportedly slashed its share price target for All Ordinaries Index (ASX: XAO) gold miner St Barbara Ltd (ASX: SBM) by more than 30%. The downgrade came after a transformational takeover deal was reworked to become a $600...

Gold, eyeing record highs (~US$2070/oz) just days ago, has been chopped down to ~US$2000/oz Gold’s path towards record territory is still there, it just might take a little while longer: OANDA’s Ed Moya Silver holds the psychologically sig...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decline. At the time of writing, the benchmark index is down 0.45% to 7,348.7 points. Four ASX shares that are falling more than most today are listed below....

18 Apr 2023 - Gold miner Genesis Minerals (ASX:GMD) is having a second go at keeping its Laverton concentration plans alive by recasting its deal with key target St Barbara.

A recent $600 million agreement between gold miners Genesis Minerals and St Barbara will see Genesis assume control of St Barbara’s Leonora operation. The Leonora operation, located in Western Australia, consists of the Gwalia underground...

Rejigged deal will see embattled St Barbara sell flagship Leonora gold assets to Genesis Minerals for ~$600m in cash, shares Deal “reflects the deterioration over recent months in both SBM’s financial and operational position”: Gavin Wendt...

ShareCafeGenesis Has Another Crack at Laverton Tidy-Up Gold miner Genesis Minerals is having a second go at keeping its Laverton concentration plans alive by recasting its deal with key target St Barbara. The original deal was called Hoover...

Local shares bucked Wall Street and rose by 0.2% today Lake Resources surged 20pc after lithium production announcement Gold stocks were mainly down, Regis Resources fell 11pc after a production downgrade   Local shares gained 0.2% today,...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on track to start the week with a gain. At the time of writing, the benchmark index is up 0.2% to 7,377.8 points. Four ASX shares that have failed to follow the market higher to...

Struggling gold producer St Barbara has agreed to sell its Leonora assets to Raleigh Finlayson’s Genesis Minerals for $600 million, with the new deal to replace a merger proposal. 

17 Apr 2023 - Will it be a case of goodbye Hoover House this morning when Genesis Minerals and its would-be deal partner St Barbara emerge from trading halts that have been in plac…

Raleigh Finalyson-led WA gold developer Genesis Minerals has killed its pre-Christmas scrip merger with neighbouring miner St Barbara and pivoted to a $600 million acquisition of the latter’s WA assets. 

ShareCafeHoover House Outcome Imminent Will it be a case of goodbye Hoover House this morning when Genesis Minerals and its would-be deal partner St Barbara emerge from trading halts that have been in place since April 4? Statements from bo...

ShareCafeMonday Market Minutes: Small Mercies Even though Wall Street and gold prices ended the week with losses, the ASX 200 is slated to start with a small gain this morning with the ASX 200 futures pencilling in a 12-point rise at the cl...

ShareCafeNo Jaundice Apparent Just Yet for the Yellow Metal April is turning out for be a ‘golden’ month for gold miners with global prices staying well above $US2,000 an ounce and Australian prices keeping above the $A3,000 level. The sust...

Regener8 Resources (ASX:R8R) has undertaken a site reconnaissance visit ahead of a scheduled phase one reverse circulation (RC) drilling program at the Niagara West tenements within its Kookynie Gold Project in Western Australia.  The compa...

The proposed merger will create a major new player in WA’s rich Leonora goldfields

The Raleigh Finlayson-led gold miner has put a $450 million placement to investors to help pay for the deal while they recut their merger agreement.

Gold miners St Barbara and Genesis Minerals have not yet reached an agreement on a potential rethink of their merger proposal, saying talks remain ongoing. 

MoneyTalks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from Argonaut hea...

Despite a bullish backdrop – COVID, war, inflation shocks, bank failures – gold has traded in an oddly tight range Liberum says all these demand drivers are being ‘cancelled out’ by Fed-led inflation-targeting rate hikes Gold paying US$201...

Banking crisis sparks gold ETF inflows for the first time in 10 months Central Banks continue buying up gold at record levels Every larger gold stock on our list enjoyed gains this week led by double digit gains for the mid-tier and advanc...

ShareCafeThe Week that Was: April 3-7, 2023 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, her...

ShareCafeRiver of Gold Ready to Burst its Banks How many bulls are enough so far as gold is concerned now that the metal is within sight of an all-time high? Just as gold is running again with Comex futures approaching the pandemic driven h...

Gold breaches US$2,000oz with ease on weak US economic data A weaker jobs report Friday could see record highs tested Wednesday small cap standouts: Investigator, Labyrinth, Rox Our Gold Digger column wraps all the news driving ASX stocks...

ShareCafeHoover House Genesis Proving Problematic It’s back to the drawing board for the would-be nascent gold miner Hoover House as its birth proves to be a much tougher delivery for its parents – the Kerry Stokes-backed Genesis Minerals a...

The ASX jumped 0.3% after lunch as the RBA finally kept rates on hold. XGD All Ordinaries Gold soared ~3.0% because someone missed a memo. Besra Gold is back on top with a 36% leap after Quantum’s cheque cleared customs.   Local markets w...

St Barbara and Genesis Minerals are locked in discussions concerning “potential alternative transaction structures and capital requirements” to create a major new player in the State’s rich Leonora goldfields. 

Dacian Gold has indefinitely suspended operations at its Mt Morgans operation, citing supply chain and labour challenges. But the company has indicated that the closure will allow it to reassess and conduct maintenance without the pressure...

Cavalier Resources isn’t wasting any time waiting for the underutilised mills in the Leonora region to come knocking for more ore, with the fast-moving explorer instead kicking off studies into potential onsite processing at its Crawford go...

Resources and Energy Quarterly (R&EQ) analysts reckon gold will tumble to US$1550/oz by 2028 Don’t fret: recent R&EQ gold predictions have been way off the mark Monday’s Precious Metals Stock of the Day: Battery Minerals (ASX:BAT)...

Gold ($US1981/oz), silver ($US23.91/oz) continue to trade just below recent highs All top 15 stocks by market capitalisation gained between 2- 20% this week, for an average of 8% ASX gold standouts this week: Regis Resources, Ramelius Reso...

FxPro predicts US$2600/oz gold price, sparked by changes in monetary policy 6 of the top 8 gold stocks by market cap have made double digit gains so far in 2023, led by Newcrest (ASX:NCM) with 29% Our Gold Digger column wraps all the news...

Ramelius Resources reigns supreme with top gold discoveries in the last five years Newcrest Mining is close on its heels, taking out 2nd place This amateur prospector just found a gold nugget worth $240K    Our Gold Digger column wraps a...