Articles On Genesis Minerals (ASX:GMD)

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...

Current Aussie gold price of $3013.26/oz means an extra $450 per oz of unhedged production for our local miners Gold miner quarterly reports due to trickle in from later this month Weekly Small Cap Standouts: TechGen Metals, Labyrinth Reso...

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...

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

The S&P/ASX 200 Index (ASX: XJO) is tumbling today, but most S&P/ASX All Ordinaries Index (ASX: XAO) gold shares are defying the sell-off to leap higher. Gold shares shining brightly today include: Newcrest Mining Ltd (ASX: NC...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

Cavalier Resources is expanding its highly prospective Leonora ground with the planned addition of a new nickel project that is already revealing its sulphide and laterite potential and is just a stone’s throw from Glencore’s underfed Murri...

Money Talks 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 Shaw and Pa...

ShareCafeAlkane, Magmatic Two Peas in the Western NSW Mining Pod It was an eventful reporting season for emerging gold/copper miner Alkane – it turned in a solid half-year profit for the six months to December, finally got approval for an e...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

China’s factory activity grew at its fastest rate since April 2012, giving hope to miners Big iron ore stocks and South32 lead the way as materials gains 2.4% St Barbara faces mothballs in Canadian gold business on approval delays China i...

Dacian Gold (DCN) CEO Dale Richards is stepping down from the top role amid a string of board and management changes for the gold explorer With an off-market takeover deal with Genesis Minerals (GMD) now closed, Mr Richards will return t...

The Perth rumour mill went into overdrive this week amid speculation Raleigh Finlayson may be able to renegotiate the terms of a merger between Genesis Minerals and St Barbara.

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

Two S&P/ASX 200 Index (ASX: XJO) mining shares are tumbling as much as 9% on the release of earnings today. That’s despite one posting a whopping 300% jump in profits. Let’s take a closer look at the news seemingly driving them dee...

Newcrest surges after Newmont, world’s largest gold miner, bids for Australia’s biggest gold producer NCM was founded as a subsidiary of Newmont in 1966 before striking out on its own in 1990 Deal comes four Australia’s largest gold miner...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

Genesis Minerals says its takeover offer for Dacian Gold is its “best and final” bid, and will not be extended beyond February 20. 

Dacian Gold has announced that its Mt Morgans gold mine in Western Australia will close at the end of March. The mine is located 37km west-southwest of Laverton. Mining was first suspended at Mt Morgans in June of last year after managing...

Copper prices have performed strongly since China ended its Covid-Zero policy But Capital Economics thinks they may have run too fast, predicting a tough few months as reality catches up with expectation Miners slide, with gold miners hit...

11 producer quarterlies ranked from goodest to ‘don’t look down’ Eight gold miners and others on the bill with MinRes, Newcrest, St Barbara, West African among those reporting December performance It’s quarterly season, in case you haven’...

The St Barbara Ltd (ASX: SBM) share price is having a day to forget on Wednesday. At the time of writing, ASX All Ords gold share is down 16% to 75 cents. As you can see below, this latest decline means the St Barbara share price is now do...