Gold miner’s price jump sparks ASX 'please explain' notice

Gold miner’s price jump sparks ASX 'please explain' notice
Santana's gold project is located close to NZ's largest operating gold mine, Macraes. (Image: Getty)
Pattrick Smellie
The Australian securities exchange-listed Santana Minerals says it has no explanation for a jump of more than 26% in its share price over two days and a surge in the volume traded other than an investor presentation lodged with the ASX on Monday.Santana shares moved from a low point of A99 cents (NZ$1.07) to a high of A$1.25 in trading yesterday on what the ASX Compliance letter described as a “significant volume of SMI’s [Santana’s] securities traded” on Wednesday.The ASX website reports the shares closed at A$1.14...

More Markets

NZME chief financial officer David Mackrell resigns, to join Sky TV
Markets

NZME chief financial officer David Mackrell resigns, to join Sky TV

NZME is losing one of its long-established executives as he switches to the top table at Sky Television.NZME chief financial officer David Mackrell has resigned and will join Sky as its new chief financial officer in January, the two publicly listed companies have revealed in sep...

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Tourism Holdings stalls as NZ sharemarket ends week on high
Markets Market Close

Tourism Holdings stalls as NZ sharemarket ends week on high

The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.

Tom Raynel 04 Jul 2025