Genesis Minerals’ five-year plan
Genesis Minerals (ASX:GMD) has revealed its long awaited five-year plan three days after saying it would be launched on Monday.
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Genesis Minerals Limited (ASX: GMD) is an Australian gold exploration and mine development company with high quality projects located in Western Australia’s premier gold districts. Genesis is targeting a long-life standalone gold mining and processing operation at the Ulysses Gold Project.
Genesis Minerals (ASX:GMD) has revealed its long awaited five-year plan three days after saying it would be launched on Monday.
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Time for gold miner, Genesis Minerals (ASX:GMD) to put up and show the market that it does have a viable growth plan for the next five years, as it has been promising for quite a while.
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It is, in fact, the third deal if you go back to the Genesis bid for the Leonora-based assets of St Barbara in late 2022 and early 2023 that Silver Lake tried to gazump without success.
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Genesis Minerals (ASX:GMD) acquired the Leonora assets, primarily the Gwalia mine, from St Barbara in July after a months-long takeover process. The contribution for the September quarter marks the acquisition's initial impact.
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Just over two months after completing its purchase of the Leonora gold mining assets of St Barbara (ASX:SBM), Genesis Minerals (ASX:GMD) has taken its rebirth story to the US.
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05 Jul 2023 - Bellevue Gold (ASX:BGL) has entered into a toll treating agreement with a subsidiary of Genesis Minerals (ASX:GMD).
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Tesla's record 13-day streak of gains came to an end on Wednesday, snapping a run that added $US240 billion to its market value and more than $US26 billion to Elon Musk’s fortune.
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St Barbara shares fell over 3% yesterday after it said ‘no’ for a third time to a buyout proposal for its Leonora gold assets from Silver Lake Resources.
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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.
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Genesis Minerals has slightly sweetened its bid to buy St Barbara's gold mining assets in the Leonora district of WA’s eastern Goldfields.
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