West Australian deal-maker Raleigh Finlayson has confirmed his company Genesis Minerals is holding discussions with fellow miner St Barbara on a potential deal that would be a major step towards consolidation of mining assets in the Leonora region.
A transaction with St Barbara is seen by many as the next likely step after the agreed takeover by Genesis of Dacian Gold.
Finlayson told delegates at the Diggers & Dealers Mining Forum in Kalgoorlie there are no guarantees his talks with St Barbara will lead to any transaction.
NO DEAL YET ON ST BARBARA TALKS - |