Articles On Genesis Minerals (ASX:GMD)

The All Ordinaries Gold Sub-Index (comprising 24 gold stocks)  is up 15.44% YTD, a massive 40.1% over the past 12 months, and 27% over the past 5 years Gold miners begin rolling out FY23 results Standout small caps of the week: Titan Miner...

The ASX stumbled by over 1% on Thursday following the Fed minutes release overnight Energy, Discretionary and Mining stocks led the selloff Blackrock boss Larry Fink says he aims to make Bitcoin trading cheaper   Local shares dropped by o...

With St Barbara having completed its sale of its Leonora assets to Genesis Minerals, it has reported a closing cash balance of $294 million as of June 30 2023. The news comes following a strong June quarter (Q4) performance for the 2023 fi...

With St Barbara having completed its sale of its Leonora assets to Genesis Minerals, it has reported a closing cash balance of $294 million as of June 30 2023. The news comes following a strong June quarter (Q4) performance for the 2023 fi...

St Barbara shareholders appear to be exiting the gold miner following the completion of the sale of its Gwalia mine to Genesis Minerals. 

The S&P/ASX 200 Index (ASX: XJO) is well and truly out of form on Thursday. In afternoon trade, the benchmark index is down 1.1% to 7,172.6 points. Four ASX shares that are falling more than most today are listed below. Here’s why t...

The world could need 400 new mines to hit decarbonisation targets. Where’s Brian Lara when you need him? Calidus and Tietto roll out numbers at slowly ramping gold ops Miners tumble on bearish Chinese property news Another day, another di...

The St Barbara Ltd (ASX: SBM) share price has sunk deep into the red on Thursday. In morning trade, the gold miner’s shares are down almost 53% to 26.5 cents. What’s going on with the St Barbara share price? The good news is that the d...

Bellevue Gold will generate early cashflow from its Vanguard open pit, with Genesis Minerals to process the ore at its newly acquired Gwalia plant.

Bellevue Gold (ASX:BGL) has entered into a toll treating agreement with a subsidiary of Genesis Minerals (ASX:GMD). This agreement will enable Bellevue to generate early cash flow by processing material from its Vanguard open pit at Genesis...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

Banks and mining stocks dragged the ASX lower to -0.35% for the day. AGL Energy hits a 12-month high, as did lithium player PMT. 2yr vs 10yr US yield inversion sends strong signals of American recession risk   Local shares tumbled by ov...

The St Barbara Ltd (ASX: SBM) share price was a strong performer on Wednesday. The ASX 300 gold share ended the day almost 6% higher at 56 cents. That’s all the more impressive considering its shares were down 1.5% more most of the day....

05 Jul 2023 - Bellevue Gold (ASX:BGL) has entered into a toll treating agreement with a subsidiary of Genesis Minerals (ASX:GMD).

Bellevue Gold has signed an agreement with Genesis Minerals that involves Genesis processing material from the Bellevue Gold Project, predominantly from the Vanguard open pit. The Bellevue Gold Project is a historic gold mining operation t...

St Barbara’s Leonora assets have now been acquired by Genesis, bringing to an end a months-long takeover process. The acquisition includes the Gwalia underground mine, Leonora mill, Tower Hill project, Zoroastrian project, and the Aphrodit...

Gold dips its toe below $US1900/oz, but it was too cold so it pulled back up Ora Gold scores a strike at Garden Gully Northern Stawell upgrades its gold inventory 59% Tanami to prove up more resources at its namesake gold project in the NT...

St Barbara non‐executive chair Kerry Gleeson announced management changes that will be implemented subject to the completion of the Leonora assets sale to Genesis Minerals, subject to take place June 30. Gleeson announced the appointment o...

St Barbara will bring in a new chief executive to replace Dan Lougher after it completes the sale of its Gwalia gold mine to Genesis Minerals. 

The ongoing acquisition of St Barbara’s Leonora assets has reached a new milestone with Genesis Minerals shareholders voting in favour of the transaction. Genesis announced that completion of the acquisition is on track for June 30 followi...

St Barbara shareholders approve sale of Gwalia gold mine and Leonora assets to Genesis Minerals ahead of acquirer’s vote this arvo BCI reports cost blowout at Mardie Salt Regis tunes up underground strategy in resource and reserve update...

Shareholders in St Barbara have overwhelmingly supported the sale of the embattled gold miner’s Gwalia operations in the northern Goldfields to Raleigh Finlayson’s Genesis Minerals.

ShareCafeSt Barbara (ASX:SBM) to choose between proposals Decision day today for shareholders in St Barbara (ASX:SBM), with a special meeting to vote on whether to go with old beau Genesis Minerals (ASX:GMD) or encourage late comer Silver L...

20 Jun 2023 - Decision day today for shareholders in St Barbara (ASX:SBM), with a special meeting to vote on whether to go with old beau Genesis Minerals (ASX:GMD) or encourage lat…

  De Grey gets bigger, and bigger, and even bigger ahead of its imminent DFS Catalyst Metals has some bonkers grades coming out of the Iris deposit at Four Eagles Cue: lots of gold. Musgrave’s Break of Day gold deposit returns “excellent”...

The USD’s status as the world’s reserve currency is under attack: Goehring & Rozencwajg This could be a rocket under the price of gold, most trusted store of value across the globe for over 3,000 years Weekly Small Cap Standouts: Iceni...

ShareCafeMining Morsels: SLR, RED Thursday saw operational updates from local gold miners Silver Lake Resources – albeit regarding their Sugar Zone mine in Canada – and Red 5. ………… Silver Lake Resources (ASX: SLR) has reported that its Suga...

Perspectives on key demand drivers and their implications for PGM demand are diverging Biggest demand sector for PGMs is auto catalysts in car exhausts which are being phased out by EVs Producers relying on an emergent hydrogen economy to...

St Barbara remains unmoved by repeated offers from Silver Lake Resources, arguing that giving the suitor access to its books risks derailing a revised deal with Genesis Minerals. 

Despite St Barbara declining to engage with Silver Lake on the sale of its Leonora assets, Silver Lake has provided a revised offer with improved conditionality. “The implied value of the Silver Lake proposal is $718 million, comprising $3...

ShareCafeFun and Games at the Silver Lake Silver Lake Resources continues to try and grab the attention of St Barbara with yet another offer for SBM’s Leonora gold mining assets in WA’s goldfields. Silver Lake said it had revised its offer...

Silver Lake Resources’ pursuit of fellow gold miner St Barbara began several months before three successive bids for the company were rebuffed by the board this month.

Silver Lake may have come in with a higher offer, but St Barbara is still determined to sell its Leonora assets to Genesis Minerals. After Genesis  increased the scrip component of its bid for the Western Australian mine to $604 million on...

M&A activity in the gold space has been hotting up: Newmont/Newcrest and St Barbara/Silver Lake/Genesis most recent examples Copper inventories at the LME fell to under 60 thousand tonnes, its lowest level since 2005 Stock of the Week:...

ShareCafeSt. Barbara Still Playing Hard-to-Get with Silver Lake Shares in struggling gold miner St Barbara lost more than 3% in value yesterday afternoon after it said ‘no’ for a third time to a buyout proposal for its Leonora gold assets f...

Miners in the west are confident they can satisfy demand for critical minerals: KPMG Dale Henderson and Tom O’Leary lend key insights to KPMG report on miners’ role in energy transition St Barbara board again refuses to engage with Silver...

Falling jewellery demand in China and India could be a headwind for gold S&P reckons spot gold buyers should wait until it hits $1850/oz to pile in Materials sector down 0.31% on a quiet trading day Gold has been one of the most reco...

Silver Lake throws more cash into Gwalia offer to try gazump Genesis bid St Barbara is trying to sell the underperforming Leonora gold mine, with both SLR and GMD now offering $370m in cash along with scrip New Hope resumes coal sales to C...

Silver Lake Resources has upped its bid for St Barbara’s Leonora mine to $722 million in an effort to beat out Genesis Minerals. It’s been less than a week since Genesis increased the scrip component of its bid for the Western Australian m...

22 May 2023 - Silver Lake Resources (ASX:SLR) won’t go away and is adding more pressure on St Barbara to break its wedding banns with Genesis Minerals and sell its Leonora gold min…

ShareCafeThird Wheel Intrigue Leaves Leonora Anything but Spoken For Silver Lake Resources won’t go away and is adding more pressure on St Barbara to break its wedding banns with Genesis Minerals and sell its Leonora gold mining assets. Of...

ShareCafeThe Week that Was: May 15-19, 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...

ShareCafeWho among the Oz Goldies Might be the Next Pumpkin? Newmont has come and gone after snatching Newcrest, Genesis may have saved its Leonora marriage with struggling bride St Barbara and, while there are a few other smaller bids and...

Silver Lake Resources is hoping its third bid is the charm for St Barbara’s Gwalia gold mine, which increases the cash component by $44 million to match a rival offer from Genesis Minerals. 

Raleigh Finlayson’s Genesis Minerals says its biggest shareholders have signalled they will back its improved bid for St Barbara’s Gwalia gold mine. 

17 May 2023 - Genesis Minerals (ASX:GMD) has kept alive its ambitions to consolidate gold mining assets in the Leonora district of WA’s eastern Goldfields with a slight sweetening…

ShareCafeGenesis Ticks Up Bid for St. Barbara’s Leonora Assets Genesis Minerals has kept alive its ambitions to consolidate gold mining assets in the Leonora district of WA’s eastern Goldfields with a slight sweetening of the terms of its b...

Genesis Minerals has upped the scrip component for St Barbara’s Leonora mine by five million shares in an effort to come out ahead of a rival bid from Silver Lake Resources. The gold miners entered into a $600 million agreement in April th...

For the first day of the trading week, the market closed in the green at 7,267.10 points. In the Green Gold producer, Silver Lake Resources’ (SLR) price made a rebound, amid a battle to takeover fellow gold producer St Barbara’s Leo...

Gold giant Newmont brings Newcrest back to the nest, confirming largest M & A deal in Aussie mining history NCM’s copper inventory a massive pull as miner’s chase future facing commodities Genesis ups ante in contest to acquire Gwalia...