Silver Lake Resources (ASX: SLR) doesn’t give up on St Barbara’s Leonora gold complex as it has submitted a third bid for the asset that increases the cash component by A$44 million ($29m) to match a rival offer from Genesis Minerals (ASX: GMD). The company’s latest bid of A$722 million (about $490m) is expected to put more pressure on St Barbara’s board to entertain the suitor’s proposal for the Western Australia assets, consisting of the Gwalia gold mine and 1.4 Mtpa processing plant. St Barbara has cited a lack of synergies as the reason for its repeated rejection of Silver Lake’s advances, adding a deal with the ... (full story)