Breaking Down the Mining News of the Day, Money of Mine

Money of Mine

Breaking Down the Mining News of the Day

An ex-underground miner, an ex-investment banker, and an ex-equity research guy breaking down the mining news of the day. It's a bit of entertainment, information, and occasionally some alpha.

Equity Bottom-Up

Gold Fields Ltd is a gold producer with annualised production of approx. 2.0 million gold equivalent ounces from six operating mines in Australia, Ghana, Peru and South Africa. The Company has four major projects at resource development or feasibility level.

<ul><li>Goldfields and Gold Road are in discussions for a potential acquisition deal, with Goldfields initially making an offer to buy Gold Road which was rejected, followed by a counteroffer to buy a stake in Gruyere.</li><li>Goldfields eventually flew to Perth for face-to-face negotiations, but delays in response led to Goldfields threatening to go public with the offer.</li><li>The joint venture agreement between Goldfields and Gold Road has previously prevented any acquisition deals, leading to speculation on why a consolidation has not occurred before.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Goldfields and Gold Road are in discussions for a potential acquisition deal, with Goldfields initially making an offer to buy Gold Road which was rejected, followed by a counteroffer to buy a stake in Gruyere.Goldfields eventually flew to Perth for face-to-face negotiations, but delays in response led to Goldfields threatening to go public with the offer.The joint venture agreement between Goldfields and Gold Road has previously prevented any acquisition deals, leading to speculation on why a consolidation has not occurred before.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Thematic (Sector/Industry)

<ul><li>Goldfields makes hostile bid for Gold Road with 28% premium</li><li>Gold Road board rejects offer, wanted to buy 50% of Gruyere from Goldfields</li><li>Gold Road now in play, potential competition for acquisition as shareholders weigh options</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Goldfields makes hostile bid for Gold Road with 28% premiumGold Road board rejects offer, wanted to buy 50% of Gruyere from GoldfieldsGold Road now in play, potential competition for acquisition as shareholders weigh optionsThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Rio vs Fenix for Creasy’s Project (The Battle for Robe Mesa)

Ramelius Resources Limited is a gold exploration and production company with exploration activities focused in Western Australia.  The Company also explores for base metals.

<ul><li>Ramelius and Spartan announce a transformational combination deal</li><li>Deal includes 25 cents cash kicker and 0.6957 Ramelius shares for Spartan shareholders</li><li>Top three Spartan shareholders, excluding Ramelius, support deal with combined 19% ownership stake</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Ramelius and Spartan announce a transformational combination dealDeal includes 25 cents cash kicker and 0.6957 Ramelius shares for Spartan shareholdersTop three Spartan shareholders, excluding Ramelius, support deal with combined 19% ownership stakeThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Will Ramelius have competition for Spartan?

Commodities

<ul><li>The conversation focuses on the current state of the uranium market, with a emphasis on short interest and sentiment towards uranium stocks.</li><li>Guy discusses the reasons behind the consensus short uranium position among hedge funds, and how it originated from thematic responses and shifts in the market.</li><li>Despite the negative sentiment and high short interest, Guy remains optimistic about the potential for a sentiment shift in the uranium market.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

The conversation focuses on the current state of the uranium market, with a emphasis on short interest and sentiment towards uranium stocks.Guy discusses the reasons behind the consensus short uranium position among hedge funds, and how it originated from thematic responses and shifts in the market.Despite the negative sentiment and high short interest, Guy remains optimistic about the potential for a sentiment shift in the uranium market.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Why the uranium shorts are wrong (Guy Keller interview)

Boss Resources Limited operates as a mineral exploration company. The Company explores and develops uranium and base metal projects. Boss Resources serves customers in Namibia.

<ul><li>Boss Energy has acquired a stake in Laramide, filling a gap in their listed investments</li><li>Laramide's flagship asset is the Westmoreland Uranium project in Queensland, with potential in New Mexico as well</li><li>Boss Energy's acquisitions suggest a shift in narrative towards exploring potential projects beyond just production</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Boss Energy has acquired a stake in Laramide, filling a gap in their listed investmentsLaramide's flagship asset is the Westmoreland Uranium project in Queensland, with potential in New Mexico as wellBoss Energy's acquisitions suggest a shift in narrative towards exploring potential projects beyond just productionThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Have investors overblown Cobre Panama’s risk?

Money of Mine
Breaking Down the Mining News of the Day
• Money of Mine

What the hell is going on with Bellevue?

A potential high-stakes mob deal between Goldfields and Gold Road is being closely watched, with negotiations, bids, and board meetings leading to...

Money of Mine

Rio vs Fenix for Creasy’s Project (The Battle for Robe Mesa)

Goldfields has made a hostile bid to acquire Gold Road, but the board of Gold Road has rejected the cash offer and instead wants to acquire the 50%...

Money of Mine

Will Ramelius have competition for Spartan?

The episode focused on Ramelius and Spartan reaching a deal where Ramelius offered 25 cents cash kicker per share for Spartan shareholders, with...

Money of Mine

Why the uranium shorts are wrong (Guy Keller interview)

Guy Keller remains positive about the long-term narrative of uranium despite the current short interest and hesitation from generalists, noting...

Money of Mine

Have investors overblown Cobre Panama’s risk?

Boss Energy has acquired a stake in Laramide, filling a gap in their listed investments Laramide's flagship asset is the Westmoreland Uranium...

Money of Mine