Daily Metals Mining Rundown for 28 May 2025 (after-market ASX)

Rundown of company announcements, valuations, and underlying metal prices, according to our compilation of publicly available information covering 9 important metals and more than 450 mining stocks, including mineral resource inventories, and including project NPV information for some 150+ developers.

Author

Host Rock Capital
May 28, 2025

Today’s metal price movements (over past ~14 hrs) and mining company peer group movements through ASX trading (including yesterday’s TSX/NY movements) include:

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Today’s top and bottom 40 performing metals mining company stocks (of 458 in our Peer Table) through ASX trading and including Friday’s TSX/NY movements include:

Covered metals mining company announcements incorporated into today’s after-market ASX Peer Table (resource updates, economic studies, changes in attributable project ownership) includes:

  • 26 May 2025 - Intermediate gold producer Genesis Minerals (ASX:GMD) announced the acquisition of the Laverton Gold project from smaller intermediate gold producer Focus Minerals (ASX:FML). GMD says the project has clear potential to supply its existing operating 3 mtpa mill some 30 km away. The terms include upfront cash consideration of A$250 million, and the deal is expected to be completed in early June 2025. The acquisition adds +3.9 Moz of resources, growing GMD’s overall resources by ~27% to ~18.6 Moz Au. GMD stock traded up following this news, and is now (after-market 28 May at GMD share price of A$4.48) up 8% over past week (vs. peer group median +2.2%) to a GMD market cap/oz resource of US$175/oz - in between our 56-company intermediate gold producer median of $164/oz and mean of $249/oz.

  • The Laverton project sale by FML frees up cash that can be spent on exploration and development at FML’s Bonnie Vale Underground Mine and open pit mining operations at the Coolgardie Gold Project, which has small-scale production from the company’s nearby Three Mile Hill mill. FML’s mineral resources appear to now include some 2.55 Moz - strictly those from its Coolgardie (according 2021 resource estimate on company website). FML stock rose more sharply following this news, and is now (28 May at FML share price of A$0.36) up 50% over past week (vs. peer median +2.2%) to a market cap/oz resource of US$25/oz - still a sharp 85% discount to our 56-company intermediate gold producer peer group median’ $164/oz.

Disclaimer: Provided for informational and educational purposes, and is not intended as investment advice. For full disclosures, visit www.hostrockcapital.com/disclosures.