News Articles for Genesis Minerals

Raleigh Finlayson's Genesis Minerals is on track to develop its Tower Hill project, after successfully lobbying the state to move a rail line connecting Leonora and Kalgoorlie.

Shares in both Genesis Minerals and Fenix Resources rose on Thursday, on the back of positive results during their respective September 2025 quarters.

A bonanza gold price has not dampened the appetite for discussion around mergers and acquisitions in the current market, with some more willing to comment than others.

Defence and gold drove the growth in value of Western Australia's listed companies last financial year, fueled geopolitical uncertainty and economic instability.

After producing more than 214,000 ounces of gold in FY25, Genesis Minerals is gearing up to mine its Jupiter open pit.

Raleigh Finlayson's Genesis Minerals will splash $250 million to buy the Laverton gold project from Focus Minerals, as it tightens its grip on the historic Western Australian gold region.

Macmahon Holdings has secured a series of underground mining-based contracts in Western Australia, valued at $172 million.

Our weekly appointments wrap includes Stuart Nicholls, Tony Kiernan, Peter Blackmore, Fabio Mancini, Pele Reeve, Rick McKenzie, Brad O'Donnell, Matthew Keating, and new board members and staff announcements for the Centre for Stories.

Brightstar will mint its first gold bar of the year this week after processing ore from the Second Fortune and Lord Byron mines.

Genesis Minerals capped off a stellar quarter with record gold production, a hefty financial boost, and the early restart of its Laverton mill.

Perth accountant Vittorio Letizia has appeared in Perth Magistrates' Court charged with five counts of insider trading.

Vault Minerals will spend $80 million to expand the processing facility at its King of the Hills mine near Leonora by 20 per cent, to more than 6 million tonnes of ore per annum.

This week's Bulls N' Bears Runner of the Week is … Merino & Co. The Perth-based branded lifestyle clothing and accessories business caused a stir following its ASX debut just last week. Hitting the boards for the first time at 20c per share the company surged to $1.50 this week, some 650 per cent, prompting some please explains from the ASX overlords.

GOLD WRAP: De Grey Mining has trumpeted the economics of its Hemi project in a record gold price environment, while Genesis Minerals has restarted its Laverton mill ahead of schedule.

GOLD WRAP: Westgold Resources, Red 5 and Genesis Minerals, each at the heart of gold's merger flurry, have unveiled last year's financial results.

Pilbara gold developer De Grey has refused to comment around speculation that it could be the target of rival interest, saying it is focused on developing its Hemi project.

Genesis Minerals managing director Raleigh Finlayson says his company is applying a long-term approach to supporting the Leonora community – including through tourism.

Genesis Minerals remains on course to hit its annual production guidance of 130,000-140,000 ounces for the 2024 financial year, after producing 30,473 ounces of gold during its March 2024 quarter.

ASX-listed contractor SRG Global has won a series of contracts worth $150 million with new and existing clients across Australia.

Cam Waugh will serve nine months in prison after being convicted of insider trading in Genesis Minerals shares, having prior knowledge of the company's funding package and board appointments.

Our board moves wrap includes Grant Dyker, Jay Stephenson, John Nolan, Nev Power, Michael Edwards, Karen Lloyd, Stuart Gale, and Clinton Dubieniecki.

Genesis Minerals has unveiled its five-year strategic plan, flagging a desire to become a major ASX-listed gold producer.

Bellevue Gold has announced its monthly production increased by 28 per cent in February - from 10,475 ounces to 13,364oz - on the back of higher grades, coupled with underground stoping ore.

Kin Mining has confirmed it is considering new acquisition and investment options, following the recent sale of gold deposits within its Cardinia gold project, located near Leonora.

Cottesloe analyst Cameron Waugh has pleaded guilty to insider trading in Genesis Minerals' shares while a string of other charges against him was dismissed.

Genesis Minerals has paid $53 million for two gold projects under a deal with Kin Mining, adding to the mid-tier goldminer's consolidation of assets in Leonora.

Western Australia's resources middle tier could be at the heart of $170 billion in GDP growth by 2040, but only if the nation acts on its critical minerals opportunities, according to PwC.

Raleigh Finlayson-led Genesis Minerals has made an improved offer to secure the remaining shares it doesn't already own in Dacian Gold, a dormant goldminer key to plans for the region.

Genesis Minerals has named MLG Oz Limited to supply mining services in a contract anticipated to generate about $45 million in revenue over three years.

Brightstar Resources has made the milestone jump from explorer to producer status following the inaugural blast on the cutback of its Selkirk joint venture open-pit mine in Western Australia's historic Menzies goldfields. Mining is expected to run for about six months, with ore being stockpiled in Menzies, and the company is anticipating its maiden gold pour early next year.

Jack McGinn and Simone Grogan speak on the business journey of Raleigh Finlayson and his leadership at Genesis Minerals.

The salt of the earth miner-turned reluctant dealmaker talks to Business News about the transaction that's kept him, and the market, on the hook for more than a year.

Our weekly appointments wrap includes Matt Nixon, Andrew Lindsay, Claire Vinnicombe, Greg Harvey, Tim Marney, Warren McHardie, Stephen Perkins, Michael Erikson and Rachel Emer.

Raleigh Finlayson-led Genesis Minerals has mapped its path to become a +300,000 ounce per annum gold producer following a transformative June quarter.

Simone Grogan and Jack McGinn discuss the state of play for the corporate finance sector in Western Australia.

Bellevue Gold has struck a deal with Genesis Minerals to process material from its goldmine's Vanguard open pit at the latter's Gwalia facility.

Our board moves wrap includes Steve Bodon, Andrea Betti, Peter Schwann, Paul Weston, Jeff Swingler, Vincent Algar, Susan Park, Stephanie Majteles, Lip Sin Tee, Lip Jen Tee, Charles Pettit, Krista Bates, Nik Senapati, Jacqueline Murray, Nitin Tyagi, Trevor Benson, Jennifer Neild, Matthew Nixon, Mel Ashton, Robert Mosig, Stuart McKenzie, Joanna Kiernan, Peter Ruttledge, Peter Torre, Andrew Strelein, Dan Lougher, Sara Prendergast, Lucas Welsh, Shannon Coates, Joan Dabon, Jo-Ann Long, Cris Moreno, Francis Wedin, Gavin Rezos, and John Kenny.

St Barbara will undergo top-level staff changes following the sale of its Leonora assets to Rayleigh Finlayson's Genesis Minerals.

St Barbara's board has told shareholders there is no material improvement in Silver Lake Resources' latest proposal to buy Gwalia and can't see a realistic pathway that it could become superior.

The board of takeover target St Barbara is now deliberating another offer from Silver Lake Resources after Genesis Minerals sweetened its transaction proposal last week.