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ASX PRU: Gold price rally and strong mine production buoy Perseus - Vimarsana News

ASX PRU: Gold price rally and strong mine production buoy Perseus

Rising gold prices, strong productivity and civil war in Sudan have left gold miner Perseus with a unique dilemma; how to spend a massive $771 million war chest.

Source: afr.com
Silver Lake, Genesis Minerals dig in on $700m-plus St Barbara purchase - Vimarsana News

Silver Lake, Genesis Minerals dig in on $700m-plus St Barbara purchase

A ‘Succession-type’ boardroom meeting awaits the gold miners to decide the fate of St Barbara’s Leonora assets.

Source: afr.com
ASX SBM: St Barbara 'clarifies' emails from chairman Tim Netscher, rejects Silver Lake again in favour of Genesis Minerals - Vimarsana News

ASX SBM: St Barbara 'clarifies' emails from chairman Tim Netscher, rejects Silver Lake again in favour of Genesis Minerals

The Australian gold miner has again rebuffed attempts to buy the Gwalia mine in favour of selling to Genesis Minerals at a lower price.

Source: afr.com
St Barbara gold mine takeover taken over by Silver Lake's improved bid - Vimarsana News

St Barbara gold mine takeover taken over by Silver Lake's improved bid

Just when St Barbara directors thought they were close to striking a deal with Genesis Minerals, rival bidder Silver Lake has given them more work to do.

Source: afr.com
Genesis to acquire St Barbara's WA assets under revised $403m deal - Vimarsana News

Genesis to acquire St Barbara's WA assets under revised $403m deal

Genesis Minerals has reached a revised deal with St Barbara to purchase the latter’s Leonora assets in Western Australia for nearly A$600m.