This Month
- Opinion
- Chanticleer
Bankable Evolution shows how to get a pre-Christmas deal done
It is closing time at the last chance saloon, so expect some last-minute deals before time runs out on 2023.
- Anthony Macdonald
10 resources stocks tipped as 2024 takeover targets
The lithium and gold takeover blitz of 2023 could be repeated in 2024, analysts say.
- Tom Richardson
Evolution pays $720m for NSW copper and gold mine
The first big deal by an ASX-listed gold miner since Newmont’s Newcrest buy, the Northparkes mine raises the group’s exposure to copper to about 30 per cent.
- Brad Thompson
Evolution Mining beats Metals Acquisition Corp to buy Northparkes mine
The SPAC was among the under bidders for the mine, while ASX-listed Sandfire Resources and Aeris Resources had an early look but did not advance through the auction.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Sharemarket
Shares, bonds, gold, signal cash could be trash in 2024
The curious and simultaneous rally in risk assets and those regarded as flight-to-safety assets threatens to return markets to the idea that cash is trash.
- Tom Richardson
Gold price swings dramatically after surging to record
The precious metal rallied in Asia only to be sold off in the US amid signs that traders’ aggressive pricing of Federal Reserve rate cuts may have gone too far.
- Sybilla Gross and Eddie Spence
November
London hedge fund Acheron Capital set to claim gold at Balmaine
Jean-Michel Paul’s funds looks set to secure control of Ballarat’s last gold mine after a tense meeting of creditors on Tuesday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Delays at AustralianSuper-backed Federation Mining’s NZ auction
Street Talk understands gold miner Silver Lake Resources and Perth-based Alkane Resources have both taken a look at Federation’s Snowy River gold project.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Euroz corrals OreCorp sellers, Perseus buys 15pc stake
Of note, Perseus’ strategy is to be diversified across various African nations to mitigate against sovereign risk.
- Sarah Thompson, Kanika Sood and Emma Rapaport
OreCorp shareholders position to frustrate takeover by Silvercorp
Although initially pleased with the headline price, investors have since watched Silvercorp’s stock fall about 15 per cent and are questioning the merits of the deal.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Heavyweight funds to anchor Fuse Minerals IPO; Dec 18 listing date
The copper play, backed by a host of WA mining bigwigs, will look to raise up to $10 million at the public offer stage.
- Sarah Thompson, Kanika Sood and Emma Rapaport
MinRes to dig for lithium in gold mine
Billionaire Chris Ellison’s appetite for lithium in WA has grown to take in a gold project owned by Pantoro Limited.
- Brad Thompson
Newmont boss counters M&A talk around Telfer
Broken Hill-born Tom Palmer says running the world’s biggest gold miner without an office is working out fine for him.
- Brad Thompson
- Opinion
- Chanticleer
Newmont ascension resets race for gold riches
Australia’s gold miners have a remarkable ability to wheel and deal their way to riches. Newmont’s re-entry to the ranks restarts the race.
- Anthony Macdonald
Chrysos Corporation prepares $75m equity raising, hires two brokers
The brokers told investors over the weekend that proceeds from the deal would fund recently announced contract wins.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Six ways to profit from rising gold price
The precious metal has shrugged off a strong US dollar and surging bond yields, signalling renewed strength.
- Tom Richardson
Field narrows for Balmaine Gold as Hall Chadwick collects bids
Sources said Hugh Morgan’s Arete Capital and entities linked to businessman Yao Liang have been progressing through the auction.
- Sarah Thompson, Kanika Sood and Emma Rapaport
October
Zhaojin Capital taps Standard Chartered for Tietto bid
The Chinese gold miner lobbed a conditional, non-binding indicative proposal for Tietto on Sunday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Opinion
Six tips for buying shares in gold companies
Here’s what investors need to think about when considering buying shares in a gold miner.
- Elio D'Amato
- Analysis
- Mergers & acquisitions
Genesis’ Dacian dramas give Albemarle a peek at an alternate universe
If Albemarle executives ever wonder what might have been at Liontown, they need only look to Dacian Gold, where minority holders have held a suitor to ransom.
- Peter Ker
