St Barbara Ltd
St Barbara Announces 20% Increase for 15-Mile Gold Processing Hub MRE
St Barbara lifts 15-Mile MRE by 20% to 2.5Moz, boosting group resources to 5.4Moz as permitting kicks off for Nova Scotia hub.
Genesis bags St Barbara operations while fund managers plunge into Australian gold stocks
The battle for control of the $600 million worth of Leonora gold assets struggling miner St Barbara (ASX: SBM) seems to be over with Genesis Minerals (ASX: GMD) upping its offer and the other contender, Silver Lake Resources (ASX: SLR) having the door slammed in its face. This development followed just hours after the largest […]
St Barbara and Bardoc Gold reveal $157m tie-up to unlock value of Leonora assets
Major gold miner St Barbara (ASX: SBM) has made a $157 million bid to acquire Bardoc Gold (ASX: BDC), in a move that both companies say will connect their key assets in Leonora. Bardoc’s board has endorsed the bid which values it at $0.53 per share, and is a 29.9% premium to its last closing […]
Consolidation does not always lead to a gold mine
Consolidation is the name of the game underway in Australian gold mining today, and while it can be a stockbroker’s picnic it can also create more losers than winners. The current focus of speculation about a rush of gold sector merger and acquisition (M&A) activity is the historic Western Australian mining centre of Leonora – […]