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.
The South Africa-based head of Gold Fields says the company has always had its eye on the 50 per cent stake in the Gruyere goldmine it will acquire in its move for Gold Road Resources.
The at-times tense Gruyere goldmine joint venture is likely to be consolidated into one company, after Gold Road Resources endorsed a $3.7 billion takeover offer from Gold Fields.
Gold Road Resources has entered into a trading halt pending a potential change of control transaction, less than a month after shooting down a takeover bid by JV partner Gold Fields.
Gold Road Resources has put the onus back on its Gruyere joint venture partner Gold Fields to re-engage in merger and acquisition talk, following a rejected move last month.
Gold Road Resources has given its blessing for Northern Star Resources' $5 billion deal for De Grey Mining after months of remaining mum on its voting intentions.
Gold Road says results from an underground scoping study prove Gruyere could transform into a multi-decade mine, as it defends an “aggressive” takeover attempt from its JV partner.
A few days after pouring cold water on a $3.3 billion bid from Gruyere joint venture partner Gold Fields, Gold Road Resources has announced its 2024 full-year result.
Stocks in Western Australian gold producers are rallying as the price for the precious metal holds strong above $US3,000 per ounce amid a flurry of M&A activity.
Aggressive and hostile is how the chief executive of Gold Road Resources has described the $3.3 billion bid lobbed by its Gruyere joint venture partner Gold Fields.
Gold Fields boss Mike Fraser is disappointed the board of Gold Road Resources has poured cold water over his $3.3 billion offer for the Gruyere mine joint venture partner.
A new record Australian dollar gold price greeted local producers this morning, as companies including Vault Minerals and Ramelius Resources outlined their growth ambitions.
Gold Road Resources management has held its cards close to its chest on its intentions around De Grey Mining, as Northern Star Resources closes in on an acquisition of the gold developer.
Gold Road Resources has taken a step toward the development of its 100 per cent owned, high-grade Gilmour project, outlining a $36 million bill to establish the mine.
Gold Road Resources has reported a 27 per cent quarter-on-quarter hike in the value of its listed investments but remains tight-lipped on whether it will make a move for De Grey Mining.
Goldminer Catalyst Metals has cleared $36 million worth of inherited debt, riding the wave of gold price momentum which has led to a flurry of activity in the sector this week.Catalyst took in t
Northern Star Resources will expand its gold portfolio into the Pilbara, after striking a $5 billion deal to acquire market darling De Grey Mining and its flagship Hemi project.
Gold Road’s previously revised 2024 annual guidance of 290,000-305,000 ounces of gold has been maintained, due to improved production during the September quarter.
De Grey Mining's push to develop its Hemi gold project has continued, after receiving provision for a $150 million loan from the Northern Australia Infrastructure Facility.
GOLD WRAP: Ramelius Resources has increased its profit 250 per cent year-on-year, bringing in almost $220 million last financial year as it rode a wave of record gold prices and low costs.
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.
Regis Resources chief executive Jim Beyer has revealed the company is open to a JV partner at its McPhillamys gold project in New South Wales, while lauding the project's approvals status.
Shares in Gold Road Resources were sold off on Monday following an announcement that annual production at its flagship Gruyere mine hit the lower tier of its 2023 production guidance.
