Articles On Genesis Minerals (ASX:GMD)

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.

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.

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...

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...

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.

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...

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...

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...

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…

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...