Articles On Genesis Minerals (ASX:GMD)

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...

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...