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.
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.
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.
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.
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.
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.
The state's biggest gold miner Northern Star Resources has backed the embattled Perth Mint, which is currently subject to a strategic review, to stay in state government hands.
Genesis Minerals shares have risen sharply on the back of a revised deal to acquire St Barbara's Leonora assets without taking on the miner's Canadian and Papua New Guinea operations.
Genesis Minerals is understood to have locked in a new deal to buy St Barbara's Leonora assets for $600 million while removing risks tied to its earlier merger plan.
Shares in St Barbara and Genesis Minerals have both risen strongly today in a rare example of both parties to a takeover deal gaining from the transaction.
Genesis Minerals boss Raleigh Finlayson has locked in another part of his ambition to consolidate the Leonora region after striking a deal to buy neighbouring gold company St Barbara.
Red 5 is chasing $60 million from institutional investors to cover ramp-up costs for its new King of the Hills operation as consolidation talks with fellow Leonora miner St Barbara continue.
Genesis Minerals has secured full control of friendly takeover target Dacian Gold, triggering Nev Power's retirement from the board and the appointment of prominent director Tony Kiernan.
Genesis boss Raleigh Finlayson could not be drawn to furnish details on a deal with St Barbara, but conceded the Leonora region was more open to consolidation than it once was.
Genesis Minerals is set to acquire WA gold miner Dacian Gold in a scrip deal valuing the target at $111 million, with non-executive director Nev Power to resign should the purchase go ahead.
Discussions regarding a potential deal between Genesis Minerals and St Barbara are back on the table, though fellow gold play Dacian Gold is also reportedly in the Raleigh Finalyson-led company's sights.
Raleigh Finlayson-led Genesis Minerals has addressed media speculation regarding potential merger and acquisition activity with fellow ASX-listed gold play St Barbara.
Northern Star Resources' chief development officer and general manager will exit the business to take top jobs with Bellevue Gold, adding to a string of departures since merging with Saracen Minerals.
Our board moves wrap includes Nev Power, Michael Bowen, Nicholas Earner, Craig Bradshaw, Raleigh Finlayson, Michael Fowler, Graeme Smith, and Tracy Caudwell.
Raleigh Finlayson is set to lead Genesis Minerals after agreeing to invest $7 million in the local gold explorer, as part of a broader raising backed by Nev Power and Michael Bowen.
Northern Star Resources has sold a large portion of its Kalgoorlie operations to Evolution Mining on the same day it appointed Stuart Tonkin as the goldminer's new managing director.
