GENESIS MINERALS ORD
RBA Rate Hikes and BHP, NST, EVN, SVL, SFR & GMD
RBA hikes to 3.85%, signaling higher-for-longer policy; banks and growth stocks face pressure as a precious-metals rally prompts ASX hard-asset bets.
Weekly Wrap: Late pullback slams gold shares
ASX slips 0.7% as late pullback drags gold shares lower on Fed chair speculation; bullion drops ~5% amid rate-hike fears.
Brightstar Resources Targeting 50% Production Surge at Laverton Hub
Brightstar Resources (ASX: BTR) has reported significant production growth at its Second Fortune and Fish Mines on the back of equipment and manpower upgrades within the company’s Laverton Hub area in Western Australia. The company is forecasting quarterly production growth of more than 50% from its WA projects in the September period. Brightstar achieved a […]
Genesis Minerals strengthens WA gold footprint with Laverton acquisition from Focus Minerals
Genesis Minerals (ASX: GMD) has made a strategic move to boost its WA goldfields portfolio, acquiring the historical Laverton gold project from Focus Minerals (ASX: FML). The $250 million cash deal will consolidate the Laverton assets of Focus and Genesis, which include the recently restarted 3 million tonnes per annum Laverton mill. Genesis, which sees […]