Genesis Minerals welcomed strong financial results for the first half of the 2023–24 financial year (H1 FY24), following its acquisition of the Leonora assets from St Barbara.
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After announcing that its proposed takeover of Dacian Gold is ‘unconditional’, Genesis Minerals has now declared its offer as ‘best and final’.
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Supply chains solutions provider MLG Oz has been awarded a contract to supply integrated site services and haulage works to Genesis Minerals.
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Genesis Minerals chair Anthony Kiernan has described the past year as “transitional” and “formative” for the company in its 2023 financial year report.
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A week after completing the sale of its Leonora assets to Genesis Minerals, St Barbara has provided a production update for the June 2023 quarter (Q4 FY23) and 2023 financial year (FY23).
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With St Barbara having completed its sale of its Leonora assets to Genesis Minerals, it has reported a closing cash balance of $294 million as of June 30 2023.
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Bellevue Gold has signed an agreement with Genesis Minerals that involves Genesis processing material from the Bellevue Gold Project, predominantly from the Vanguard open pit.
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The ongoing acquisition of St Barbara’s Leonora assets has reached a new milestone with Genesis Minerals shareholders voting in favour of the transaction.
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