Articles On Genesis Minerals (ASX:GMD)

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. 

Raleigh Finlayson-led WA gold miner Genesis Minerals and neighbour St Barbara are understood to be closing in on a deal that would see St Barbara spin off its overseas assets, leaving a bigger Leonora region gold pure-play.

Cavalier Resources has boosted the resource at its Crawford gold project in the busy Leonora region of Western Australia, where the majors are on the hunt for more of the precious metal to fill their underutilised mills. Cavalier Resources...

Azure will soon have a better idea of what is present at its Barton project in WA’s world-class Kookynie-Leonora-Laverton gold province with the completion of its 35-hole drill program. The reverse circulation program totalling 4,039m had t...

ASX-listed battery metals explorer Azure Minerals (ASX:AZS) reports it has completed a 4,039m reverse circulation (RC) drilling program at its 100% owned Barton Gold Project in Western Australia’s Eastern Goldfields.   The recent drilling c...

BDO data shows ASX-listed explorers spent a record $1.07b in the September quarter, despite a 39% fall in capital raisings BDO global head of natural resources Sherif Andrawes says the trend is likely to be positive amid rising demand for...

ShareCafeDiary: Heads in the Clouds, Heads in the Sand There’s more offshore for markets to fret over in the coming week besides the busy lead up to next week’s Reserve Bank board meeting and third quarter GDP figures. Events in the US, Chi...

Central banks buying gold at the fastest pace on record Another gold bull signal for 2023 — the crypto collapse Global silver demand on course for record high in 2022 Our Gold Digger column wraps all the news driving ASX stocks with expos...

Mid-tier gold miner Regis Resources closer to realising potential after recent approvals and exploration updates  Investment bank RBC says RRL is its ‘top mid-tier gold’ pick Kin Mining adds to Dacian holding, building blocking stake with...

Pilbara Minerals pulls in ANOTHER RECORD in its BMX auction, at a 6% Li2O equivalent US$8575/t St Barbara calls on mining legend Dan Lougher to spearhead Gwalia gold revival TerraCom surges on dividend announcement as coal prices remain bu...

Genesis Minerals has extended the deadline for its takeover offer to 5pm (WST) on Monday, November 21. With a 76.1 per cent interest in the Dacian, Genesis plans to secure all of the Western Australian-based gold development and exploration...

Nov 15 (Reuters) - Dacian Gold: * GENESIS MINERALS TAKEOVER OFFER HAS BEEN EXTENDED, DACIAN AND GENESIS HAVE IDENTIFIED NUMEROUS GROUP COST SYNERGIES Source text for Eikon: Further company coverage:

Gold could have steady path towards $US1,800 level if dollar weakness remains: OANDA ASX gold miners surging this week, led by Evolution Mining +30%, Capricorn Metals +27%, and Regis Resources +27% Weekly small cap standouts: Focus Mineral...

Just five miners/ near-term gold miners are in the green over the past 12 months They include Tietto Minerals, Ora Banda Mining, Emerald Resources, Capricorn Metals and Perseus Mining Top precious metals stocks this week: Hamelin Gold, Zul...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

Iron ore billionaire Andrew Forrest says he’s “just not seeing” a shortage in lithium as he looks to grow Fortescue’s green energy business FMG has never diversified outside iron ore in its mining business Gold miners roll out the reports...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

Mt Malcolm Mines has confirmed its Emu Egg gold and base metals prospect is ready to drill, leveraging off thousands of metres of historic drilling into the mature but underexplored gold field. Mt Malcolm (ASX:M2M) is approaching an importa...

Dacian Gold (DCN) reports a decrease in production at the Mt Morgans gold operation as it transitions from a miner to a low-grade processor and explorer The company produced just over 21,500 ounces of gold over the quarter, down from 34,182...

The Galan Lithium Ltd (ASX: GLN) share price lost 7.11% of its value today amid a volatile and bumpy ride for the market on Monday. Shares in the mining development company closed for $1.11. Many of Galan Lithium’s peers also lost ground t...

Way to bury the lede. Leonora gold miner Red 5 (ASX:RED) has hit up the market for some $60 million in fresh equity at 16c, a 15.8% discount to its last traded price of 19c per share in a hunt for working capital and cash to expand and dril...

Kin Mining has acquired 20 million shares in Dacian Gold. The purchases were made on-market during September 2022 and represent an interest of 1.63 per cent of the Dacian shares currently on issue. The Kin board considers that accumulating...

Genesis Minerals has acquired control of Dacian, acquiring a majority of the voting shares in the company. Genesis has previously made a recommended off-market takeover offer for Dacian, and as a result of the change of control, the likelih...

The Genesis Minerals managing director’s whopping remuneration package for 2021-22 year puts him at the top of WA’s best paid executives, but which other 82 bosses made the list?

Genesis has secured majority control of Dacian Gold, with a major board reshuffle to follow at the end of this month at the newly enlarged gold junior Ratings agency Moody’s sees EBITDA for major mining companies falling over the coming ye...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

Dacian Gold shareholders are being encouraged to accept  fellow Western Australian miner Genesis Minerals’ off-market takeover offer, after it waived all the remaining defeating conditions. Genesis currently has voting power of 40.65 per ce...

Gold index up 1.5% after price rise overnight on flat US dollar Northern Star rises after appointing Rio’s Marnie Finlayson as non-executive director Bellevue Gold says it remains on time and budget at gold mine of the same name   The unw...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

St Barbara boss Craig Jetson says Genesis Minerals is one of about “three or four” players that the company is speaking with about a potential transformational consolidation of the Leonora gold region.

An outstanding performance at Alkane’s Tomingley gold operations in New South Wales has formed the basis of the company’s record profit after tax of $70.3 million for FY22. The excellent production and cost performance at Tomingley resulted...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

Mt Malcolm Mines keeps hitting gold at its Calypso project near Leonora in WA, with new assays demonstrating the immense exploration potential of its flagship project. The Leonora gold district has emerged as one of the hottest regions in t...

Welcome back V-Con fans. For you uninitiated, V-Con is Stockhead’s investing focused video conference series. It’s bloody great, as you’d expect. This is not a vid though. This is more like the book of the film. So… for the video you may...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

A three to five-year “structural bull market” for ASX mining shares and commodities is yet to play out. That’s according to energy, mining, and commodities expert Ben Cleary, who manages listed investment company (LIC) Tribeca Global Natu...

Northern Star says there is decades ahead for Kalgoorlie’s historic Super Pit St Barbara and Gold Road face big questions over M&A chatter Paddy Hannan, Dan Shea and Tom Flanagan stumbled on the golden rocks that would become Kalgoorl...

Raleigh Finlayson talked up the consolidation of the Leonora gold district in his Diggers and Dealers presentation Economist Dambisa Moyo says the inflationary environment could spur another gold bull run Capricorn’s Mark Clark says the em...

Genesis Minerals boss Raleigh Finlayson says the consolidation of the Leonora gold district could take years to play out while he remained tight-lipped about a possible tie-up with St Barbara.