SBM
Director Trades
| Date | Director | Value |
|---|---|---|
| 9/12/24 | M. Hine | $15,200 |
| 18/12/24 | K. Gleeson | $20,000 |
| 18/12/24 | W. Hallam | $30,000 |
| 18/12/24 | A. Strelein | $95,000 |
| 24/2/25 | M. Hine | $5,087 |
Company News
Genesis bags St Barbara operations while fund managers plunge into Australian gold stocks
The battle for control of the $600 million worth of Leonora gold assets struggling miner St Barbara (ASX: SBM) seems to be over with Genesis Minerals (ASX: GMD) upping its offer and the other contender, Silver Lake Resources (ASX: SLR) having the door slammed in its face. This development followed just hours after the largest […]
St Barbara and Bardoc Gold reveal $157m tie-up to unlock value of Leonora assets
Major gold miner St Barbara (ASX: SBM) has made a $157 million bid to acquire Bardoc Gold (ASX: BDC), in a move that both companies say will connect their key assets in Leonora. Bardoc’s board has endorsed the bid which values it at $0.53 per share, and is a 29.9% premium to its last closing […]
Consolidation does not always lead to a gold mine
Consolidation is the name of the game underway in Australian gold mining today, and while it can be a stockbroker’s picnic it can also create more losers than winners. The current focus of speculation about a rush of gold sector merger and acquisition (M&A) activity is the historic Western Australian mining centre of Leonora – […]
Inflation bites resources sector with spiralling costs
Commodities are unquestionably a good place for investors at a time of rising inflation, but the same force driving up the price of minerals and metals can also produce killer cost increases. Dacian Gold (ASX: DCN) is the latest example of inflation rendering its mining operations uneconomic. While still in business as a processor of […]
Laverton South gold assays unearth ‘robust target’ for E79 Gold Mines and St Barbara
Assays from drilling at the Laverton South project in Western Australia have unearthed a “robust target” for Pinjin joint venture owners E79 Gold Mines’ (ASX: E79) and St Barbara (ASX: SBM). The program comprised 281 holes for 15,103 metres in three target areas across the project. Wide-spaced reconnaissance aircore results from 81 holes at Target […]
E79 Gold Mines boosts stake in Pinjin JV, completes gravity survey at Jungar Flats
Junior explorer E79 Gold Mines (ASX: E79) has boosted its stake in the Pinjin joint venture with St Barbara (ASX: SBM) to 80% following the achievement of second-stage milestones. The joint venture sits within E79’s flagship Laverton South gold project in Western Australia and the second earn-in period was reached after the company moved rapidly […]
E79 Gold Mines completes first milestone of Pinjin gold joint venture with St Barbara
Perth-based explorer E79 Gold Mines (ASX: E79) has completed the first milestone of a joint venture earn-in deal with St Barbara (ASX: SBM) over the Pinjin gold project in Western Australia’s world-class Laverton district. The milestone required E79 to spend at least $310,000 on exploration over a 12 month period to earn a 51% stake […]
Lions at home, lambs away – Aussie gold stocks in North America
Lions at home, lambs away – while that’s a comment normally reserved for sporting teams (think of England cricket), it also applies to a surprising number of mining companies struggling to master international investments including St Barbara (ASX: SBM), Northern Star (ASX: NST) and Evolution Mining (ASX: EVN). For investors in big and small resource […]
Kin Mining rejects St Barbara bid, plans $13m rights issue to accelerate exploration
Western Australian gold explorer Kin Mining (ASX: KIN) will move into the next phase of exploration at its Cardinia gold project with a $13 million rights issue after rejecting a non-binding indicative offer (NBIO) from existing shareholder St Barbara (ASX: SBM). In July, St Barbara outlaid $25.3 million to take a 19.78% stake in Kin. […]
Alice Queen and St Barbara kick off gold drilling early on Horn Island
Advanced gold and copper explorer Alice Queen (ASX: AQX) and its larger joint venture partner St Barbara (ASX: SBM) have embarked on a maiden diamond drilling campaign ahead of schedule on Horn Island in Far North Queensland’s Torres Strait. Alice Queen today reported the 4,500m 14-hole program, which was scheduled to start in October, commenced […]
