Articles On Genesis Minerals (ASX:GMD)

Despite St Barbara declining to engage with Silver Lake on the sale of its Leonora assets, Silver Lake has provided a revised offer with improved conditionality. “The implied value of the Silver Lake proposal is $718 million, comprising $3...

ShareCafeFun and Games at the Silver Lake Silver Lake Resources continues to try and grab the attention of St Barbara with yet another offer for SBM’s Leonora gold mining assets in WA’s goldfields. Silver Lake said it had revised its offer...

Silver Lake Resources’ pursuit of fellow gold miner St Barbara began several months before three successive bids for the company were rebuffed by the board this month.

Silver Lake may have come in with a higher offer, but St Barbara is still determined to sell its Leonora assets to Genesis Minerals. After Genesis  increased the scrip component of its bid for the Western Australian mine to $604 million on...

M&A activity in the gold space has been hotting up: Newmont/Newcrest and St Barbara/Silver Lake/Genesis most recent examples Copper inventories at the LME fell to under 60 thousand tonnes, its lowest level since 2005 Stock of the Week:...

ShareCafeSt. Barbara Still Playing Hard-to-Get with Silver Lake Shares in struggling gold miner St Barbara lost more than 3% in value yesterday afternoon after it said ‘no’ for a third time to a buyout proposal for its Leonora gold assets f...

Miners in the west are confident they can satisfy demand for critical minerals: KPMG Dale Henderson and Tom O’Leary lend key insights to KPMG report on miners’ role in energy transition St Barbara board again refuses to engage with Silver...

Falling jewellery demand in China and India could be a headwind for gold S&P reckons spot gold buyers should wait until it hits $1850/oz to pile in Materials sector down 0.31% on a quiet trading day Gold has been one of the most reco...

Silver Lake throws more cash into Gwalia offer to try gazump Genesis bid St Barbara is trying to sell the underperforming Leonora gold mine, with both SLR and GMD now offering $370m in cash along with scrip New Hope resumes coal sales to C...

Silver Lake Resources has upped its bid for St Barbara’s Leonora mine to $722 million in an effort to beat out Genesis Minerals. It’s been less than a week since Genesis increased the scrip component of its bid for the Western Australian m...

22 May 2023 - Silver Lake Resources (ASX:SLR) won’t go away and is adding more pressure on St Barbara to break its wedding banns with Genesis Minerals and sell its Leonora gold min…

ShareCafeThird Wheel Intrigue Leaves Leonora Anything but Spoken For Silver Lake Resources won’t go away and is adding more pressure on St Barbara to break its wedding banns with Genesis Minerals and sell its Leonora gold mining assets. Of...

ShareCafeThe Week that Was: May 15-19, 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...

ShareCafeWho among the Oz Goldies Might be the Next Pumpkin? Newmont has come and gone after snatching Newcrest, Genesis may have saved its Leonora marriage with struggling bride St Barbara and, while there are a few other smaller bids and...

Silver Lake Resources is hoping its third bid is the charm for St Barbara’s Gwalia gold mine, which increases the cash component by $44 million to match a rival offer from Genesis Minerals. 

Raleigh Finlayson’s Genesis Minerals says its biggest shareholders have signalled they will back its improved bid for St Barbara’s Gwalia gold mine. 

17 May 2023 - Genesis Minerals (ASX:GMD) has kept alive its ambitions to consolidate gold mining assets in the Leonora district of WA’s eastern Goldfields with a slight sweetening…

ShareCafeGenesis Ticks Up Bid for St. Barbara’s Leonora Assets Genesis Minerals has kept alive its ambitions to consolidate gold mining assets in the Leonora district of WA’s eastern Goldfields with a slight sweetening of the terms of its b...

Genesis Minerals has upped the scrip component for St Barbara’s Leonora mine by five million shares in an effort to come out ahead of a rival bid from Silver Lake Resources. The gold miners entered into a $600 million agreement in April th...

For the first day of the trading week, the market closed in the green at 7,267.10 points. In the Green Gold producer, Silver Lake Resources’ (SLR) price made a rebound, amid a battle to takeover fellow gold producer St Barbara’s Leo...

Gold giant Newmont brings Newcrest back to the nest, confirming largest M & A deal in Aussie mining history NCM’s copper inventory a massive pull as miner’s chase future facing commodities Genesis ups ante in contest to acquire Gwalia...

This content is created by Smallcaps Authors. [Author : Robin Bromby] The battle for control of the $600 million worth of Leonora gold assets struggling miner St Barbara (ASX: SBM) seems to be over with Genesis Minerals (ASX: GMD) upping...

St Barbara has again knocked back the advances of potential suitor Silver Lake Resources, saying a revised offer from frontrunner Genesis Minerals will fast-track benefits for long-suffering shareholders.

Gold sold off violently from highs in 2020 and 2022, but is holding its ground in 2023 “An important bullish signal for gold could be a weekly close above US$2035, the highest close in history”: FxPro Weekly ASX small cap standouts: Chesse...

The ASX tried to cross into positive territory today and came just 3.8 points shy of even. Asian markets had a similar run. The ASX 200 closed at 7,251.9 points. Asian markets had similar results. In the green Specialty lithium che...

ASX lithium stocks rose after Allkem merger deal Graincorp jumped 8pc after upgrading its full-year guidance China’s producer prices have fallen deeper into deflation territory   The ASX was closed flattish on Thursday, with gains by lith...

ShareCafeASX falls 0.12% as financial sector suffers by Peter Milios   The S&P/ASX 200 fell 0.12 per cent to 7255.7 on Wednesday, weighed down by losses across the financials sector. National Australia Bank (ASX:NAB) dropped 4 per cent...

ShareCafeASX drops 0.22% at noon after last night’s budget by Peter Milios   The Albanase government announced the budget last night. The winners in the federal budget include low-income earners, JobSeeker recipients, small businesses, rent...

ShareCafeStocks of the Hour: INR, MGU, ASR, EG1                    Ioneer (ASX:INR) has entered an offtake agreement to supply lithium carbonate to Dragonfly Energy. Bernard Rowe, MD and CEO at Ioneer, commented, “As the world’s deman...

Asra Minerals has entered into an option agreement to double its exploration portfolio in the Leonora region of Western Australia with the addition of Kookynie West. The inclusion of Kookynie West tenure doubles Asra’s exploration footprint...

If you’re looking for ASX dividend shares for your portfolio, then you may want to check out the two listed below that Citi currently rates as buys. Here’s why the broker says these are top options for income investors: Charter Hall L...

Silver Lake Resources insists its takeover offer for embattled gold producer St Barbara is superior “on any measure” to a rival bid by Raleigh Finlayson’s Genesis Minerals. 

Silver Lake Resources was unsuccessful in engaging with St Barbara about an alternative indicative proposal to acquire the Leonora assets in Western Australia. The offer Silver Lake put forward was considerably higher than the offer placed...

Regener8 Resources (ASX:R8R) has completed a phase one reverse circulation (RC) drilling program at the historic ‘high-grade’ Niagara West area of its Kookynie Gold Project in Western Australia.  The company notes drilling began in late Apr...

If you’re looking for some new ASX 300 stocks to buy, then you may want to check out the three listed below that Goldman Sachs has just named as buys. Here’s why the broker is bullish on them: Jumbo Interactive Ltd (ASX: JIN) This onl...

Investors hoping to earn some handy passive income on the side could take a look at ASX 200 bank shares. Two ASX 200 bank shares that could provide monthly passive income are Commonwealth Bank of Australia (ASX: CBA) and National Australi...

The National Australia Bank Ltd (ASX: NAB) share price took an almighty beating on Thursday. The banking giant’s shares ended the day over 6% lower at $26.72. This leaves NAB’s shares trading within throwing distance of their 52-week low...

On Thursday, the S&P/ASX 200 Index (ASX: XJO) recovered from its lows but just fell short of positive territory. The benchmark index was down 4.3 points to 7,193.1 points. Will the market be able to bounce back from this on Friday? H...

After rallying back from -0.5% all day, the ASX finished basically flat, -0.06% from break-even Financials sucked but the rest of the market did well, and gold hit a record high above AUD$3,000/oz Lithium explorer Greenwing posts an unexp...

Rio shareholders gathered in Perth for the Australia leg of its AGM CEO Jakob Stausholm says Simandou development will is shaping as a ‘win-win’ for Rio and Guinean stakeholders Silver Lake crashes Genesis and St Barbara’s Gwalia party  ...

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...