Articles On Genesis Minerals (ASX:GMD)

Title Source Codes Date
Genesis grabs majority of Dacian

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...

Australian Mining GMD 2 years ago
Raleigh Finlayson’s huge $24.1 million packet tops WA executive pay

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?

The West GMD 2 years ago
Monsters of Rock: Raleigh topples first domino in Leonora gold power play and Moody’s gets down on mining outlook

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...

Stockhead GMD 2 years ago
Gold Digger: Metals Focus says PGM demand will fall away from 2025. Others disagree

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...

Stockhead GMD 2 years ago
Dacian shareholders urged to take up Genesis offer

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...

Australian Mining GMD 2 years ago
Monsters of Rock: Gold stocks lead materials to another strong day as Bellevue keeps on course

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...

Stockhead GMD 2 years ago
Gold Digger: Gold stocks smashed, but prices stay stubbornly above $US1700/oz. Contrarian buy signal?

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...

Stockhead GMD 2 years ago
St Barbara talking to several players about Leonora consolidation

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.

The West GMD 2 years ago
Tomingley powers Alkane profit highs

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...

Australian Mining GMD 2 years ago
Gold Digger: Just feast your eyes on this giant nugget from the Beta Hunt mine

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...

Stockhead GMD 2 years ago
Mt Malcolm continues to be the Calypso King, with more gold hits at flagship project

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...

Stockhead GMD 2 years ago
Capfathers Part 2: They’re making offers which are actually pretty refusable in this environment

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...

Stockhead GMD 2 years ago
Gold Digger: US$3,000/oz gold price could be on the cards for 2023, mining boss says

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...

Stockhead GMD 2 years ago
5 ASX mining shares with ‘good margins regardless of commodity prices’: fundie

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...

Motley Fool GMD 2 years ago
Diggers and Dealers: 130 years on and Northern Star sees more ahead for Golden Mile; Goldies face music on takeover talk

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...

Stockhead GMD 2 years ago
Diggers and Dealers: Will Raleigh Finlayson’s Genesis dance the devil’s tango with St Barbara?

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...

Stockhead GMD 2 years ago
Diggers & Dealers 2022: Genesis Minerals boss Raleigh Finlayson remains tight-lipped about St Barbara tie-up

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.

The West GMD 2 years ago
ZIP, MP1, SBM: Three ASX shares which gained over 50% in July

Highlights Australian shares ended in the green in July. The ASX 200 ended the month 7% higher at 6,945.2 points. Several shares reported sharp gains in July. Australian shares finished July in the green. The benchmark...

Kalkine Media GMD 2 years ago
ZIP, MP1, SBM: Three ASX shares which gained over 50% in July

Highlights Australian shares ended in the green in July. The ASX 200 ended the month 7% higher at 6,945.2 points. Several shares reported sharp gains in July. Australian shares finished July in the green. The benchmark...

Kalkine Media GMD 2 years ago
The All Ordinaries gold share ‘in an enviable position’: fundie

First Sentier’s Tim Canham reckons the commodities boom ain’t over yet. He’s particularly bullish on ASX gold share Genesis Minerals Ltd (ASX: GMD) and mineral sands miner Iluka Resources Limited (ASX: ILU). Canham is a senior portfolio...

Motley Fool GMD 2 years ago
These were the best performing ASX 200 shares in July

The S&P/ASX 200 Index (ASX: XJO) was back on form at last in July. During the month, the benchmark index rose 5.7% to end at 6,945.2 points. While a good number of shares rose with the market, some climbed more than most. Here’s wh...

Motley Fool GMD 2 years ago
Another Busy Week in the Local Mining Space

ShareCafeAnother Busy Week in the Local Mining Space Even for the ever-dynamic local mining sector, the week just ended was a particularly busy one. Here’s the latest from Sandfire, St. Barbara, Regis, Perseus, Galena and Aeris. ………… Sandfi...

ShareCafe GMD 2 years ago
Gold Digger: Is this the rally gold bugs have been waiting for?

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Stockhead GMD 2 years ago
Mt Malcolm is pulling gold riches out of Calypso’s treasury

Diamond drilling at the Calypso prospect within Mt Malcolm’s Malcolm project in WA’s Central Eastern Goldfields has intersected several wide gold mineralised envelopes. Notable results are 26m grading 1.97 grams per tonne (g/t) gold from 26...

Stockhead GMD 2 years ago
IRIS picks up historic 15.27g/t mine in gold ground grab at Kookynie

IRIS Metals has tightened its grip around the promising Kookynie gold project in WA’s Goldfields region after picking up more ground including the historical Standard Mine. The acquisition of P40/1563, P40/1559, P40/1345, P40/1502 and P40/1...

Stockhead GMD 2 years ago
How Carnavale’s Lovin’ Spoonful of high-grade gold could make the Goldfields sing

There’s never a bad time to hit high-grade gold in WA’s Goldfields. But as a high-profile mining boss looks to build an empire, hits like those recently reported by Carnavale Resources look particularly juicy. An active WA junior explorer...

Stockhead GMD 2 years ago
Gold Digger: Gold slides 5% for July, recovery hinges on recession fears

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

Stockhead GMD 2 years ago
This ASX 200 gold miner’s value has plunged from $2b to under $700m. Could it be set for some major M&A action?

S&P/ASX 200 Index (ASX: XJO) gold miner St Barbara Ltd (ASX: SBM) has had a rough few years on the ASX. And now it’s rumoured to be considering major sales and mergers.   At the time of writing, the St Barbara share price is trading ju...

Motley Fool GMD 2 years ago
Junior explorer Si6 takes lead role in mining ESG movement with reporting commitment

Junior explorer Si6 Metals is taking a starring role in the push for ESG compliance in the mining industry, making a sector leading commitment to environmental, social and governance at its operations. Si6 Metals (ASX:SI6) today announced i...

Stockhead GMD 2 years ago
Gold Digger: Gold battles the dollar for safe haven status and JP Morgan in the hot seat

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

Stockhead GMD 2 years ago
Weekly Ratings, Targets, Forecast Changes – 08-07-22

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

FNArena GMD 2 years ago
On like Donkey Kong! Juniors jostle for position as Raleigh’s Leonora gold game takes shape

Raleigh Finlayson’s Genesis Minerals announces $111m all scrip off-market takeover offer for Dacian Gold With talks also between Genesis and St Barbara, juniors in region looking closely at who else may be in Finlayson’s sights We profile...

Stockhead GMD 2 years ago
The Week that Was – July 4-8, 2022

ShareCafeThe Week that Was – July 4-8, 2022 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...

ShareCafe GMD 2 years ago
Herd on the Terrace: Raleigh Finlayson hits jackpot on Dacian Gold

It looks like Genesis Minerals boss Raleigh Finlayson and his newly appointed senior management team may have hit paydirt with the explorer’s proposed acquisition of Dacian Gold.

The West GMD 2 years ago
Barry FitzGerald: Two gold juniors that fit well within Raleigh Finlayson’s Leonora gold empire

Genesis Minerals (ASX:GMD) boss Raleigh Finlayson of ex-Saracen fame has started the ball rolling on the consolidation of the Leonora gold district in Western Australia with a friendly $111 million scrip bid for Dacian (ASX:DCN). The bid br...

Stockhead GMD 2 years ago
Monsters of Rock: Chalice eyes bright future for Gonneville, troubled St Barbara makes guidance as gold talks swirl

Chalice lodges new resource at Gonneville, increasing indicated resources to 70% MD Alex Dorsch says the company is focused on the long term potential of green metals discovery in the West Yilgarn region St Barbara increasing its bargainin...

Stockhead GMD 2 years ago
St Barbara shores up Genesis Minerals talks with stunning fourth-quarter result

St Barbara has turned in a strong set of results for the June quarter — helping it to achieve full-year guidance and shore up support for a potential deal with northern Goldfields explorer Genesis Minerals.

The West GMD 2 years ago
ASX Today: Recovery to continue as Wall Street, commodities rise

A fourth straight rise on Wall Street and a rebound on commodity markets indicate a positive start to Australian trade as a global market recovery continues. ASX futures climbed 49 points or 0.75 per cent. The S&P/ASX 200 has risen i...

themarketherald.com.au GMD 2 years ago
Si6 ready for the starter’s gun to fire on nickel-copper deposit to rival Nova and Julimar

Si6 Metals is edging towards approvals for drilling at a major nickel and copper deposit in Botswana with similarities to some of the world’s biggest base metals deposits. Si6 (ASX:SI6) has held 60% of the Maibele JV for some time but has l...

Stockhead GMD 2 years ago
ASX 200 morning report: RBA rate rise suprised no-one; WiseTech (WTC) jumps

As widely expected, the Reserve Bank of Australia (RBA) raised the official interest rate by 0.5 percentage points yesterday, taking it to 1.35%, as widely expected. This is the fastest back-to-back increase in interest rates since increase...

Rask Media GMD 2 years ago
Genesis of grand gold merger unveiled

06 Jul 2022 - Genesis Minerals has won the hand of struggling Dacian Gold in an all-share takeover worth $111 million, expanding its footprint in the Leonora area of WA’s goldfield…

FNN GMD 2 years ago
Genesis of Grand Gold Merger Unveiled

ShareCafeGenesis of Grand Gold Merger Unveiled Genesis Minerals has won the hand of struggling Dacian Gold in an all-share takeover worth $111 million, expanding its footprint in the Leonora area of WA’s goldfields. Now for St Barbara? That...

ShareCafe GMD 2 years ago
Here’s why the St Barbara share price shone 8% brighter today

The St Barbara Ltd (ASX: SBM) share price soared today amid speculation of a merger with fellow gold explorer Genesis Minerals Ltd (ASX: GMD). St Barbara shares surged 8.49% today to close at 89.5 cents. The Genesis Minerals share price a...

Motley Fool GMD 2 years ago
Monsters of Rock: Finlayson’s new Leonora gold empire takes shape as Dacian falls

Raleigh Finlayson is garnering strong support in his bid to consolidate the Leonora gold district All-scrip $111 million offer for Dacian Gold will combine the Mt Morgans mill with Genesis’ high grade ore feed High-flyers among the backers...

Stockhead GMD 2 years ago
Genesis Minerals (ASX:GMD) to merge with Dacian Gold (ASX:DCN) via takeover offer

Genesis Minerals (GMD) is set to acquire fellow ASX-listed materials stock Dacian Gold (DCN) through a conditional off-market takeover offer with an implied value of $111 million Genesis Minerals believes merging with Dacian Gold would con...

themarketherald.com.au GMD 2 years ago
Ground Breakers: This is unusual, a great morning for gold

Gold sub-index rises almost 2% as beaten down sector catches a break on a run of good news stories Regis Resources was the biggest gainer, up more 10% after posting a record quarter from its Duketon and Tropicana mines Westgold also hit a...

Stockhead GMD 2 years ago
Nev Power: COVID-19 border breacher to leave Genesis Minerals as part of Dacian Gold deal

WA border cheat Nev Power is set to make a graceful exit from Genesis Minerals as part of its $111 million scrip takeover of Dacian Gold.

The West GMD 2 years ago
Northern Star Resources, Kerry Stokes back Genesis Minerals’ takeover of Dacian Gold

Northern Star Resources and Kerry Stokes’ Australian Capital Equity are among the backers of a $100 million placement by Genesis Minerals in support of its all-scrip acquisition of Dacian Gold.

The West GMD 2 years ago
Stokes, Northern Star back Genesis Minerals’ consolidation strategy

Saracen Mineral 2.0’s up and running at Genesis Minerals. 

AFR GMD 2 years ago
Bizarre Love Triangle Afoot in Aussie Gold Space

ShareCafeBizarre Love Triangle Afoot in Aussie Gold Space Marriage, WA gold mining style, was on display on the ASX yesterday with two weak members of the herd targeted by an aggressive smaller predator in what could end up as a three-way m...

ShareCafe GMD 2 years ago