Articles On Apollo Consolidated (ASX:AOP)

Title Source Codes Date
Gold Digger: Solar, electric vehicle demand could push silver market into long term deficit

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Stockhead AOP 1 week ago
Gold Digger: JP Morgan reckons gold’s gonna take a dive to $1,520/oz by Q4

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

Stockhead AOP 3 weeks ago
Gold Digger: Gold bulls are out in force, but expect turbulence

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Stockhead AOP 1 month ago
Gold Digger: Early 2022 gold rally could turn sour mid-year

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

Stockhead AOP 1 month ago
Closing Bell: ASX edges lower as stocks slide for the fourth straight week

The ASX closed the fourth last week before Christmas up for the day, but once again down for the week. The ASX 200 closed 0.22% higher at 7,241 but down 0.52% for the week – the fourth straight week it has finished down. Energy was the top...

Stockhead AOP 1 month ago
Gold Digger: An inflationary bomb is about to go off. It’s time to prepare for the next gold bull market

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Stockhead AOP 1 month ago
Ground Breakers: Chinese-backed gold miner plans restart, BHP approves unification

A mine emblematic of the collapse of the gold sector in 2013 is poised for its long-awaited revival. Focus Minerals (ASX:FML) shut its Coolgardie, Laverton and The Mount operations as gold prices nosedived in 2013 amid high operating costs....

Stockhead AOP 1 month ago
Ramelius Resources (ASX:RMS) to acquire Apollo Consolidated (ASX:AOP)

03 Dec 2021 - Ramelius Resources (ASX:RMS) will compulsorily acquire the remaining shares of Apollo Consolidated (ASX:AOP), the owner of the Lake Rebecca Gold Project.

FNN AOP 1 month ago
Ramelius Resources rounds up remaining shares in takeover target Apollo Consolidated

Gold miner Ramelius Resources will move to compulsorily acquire explorer Apollo Consolidated after amassing more than 90 per cent of the target through its recommended $181m cash and scrip bid.

The West AOP 1 month ago
Ramelius (ASX:RMS) reaches 90pc interest in Apollo takeover

Ramelius Resources (RMS) reaches 90.8 per cent interest in its takeover of Apollo Consolidated (AOP) The company announced intentions to acquire all the shares in the WA gold and copper explorer back in October, valuing Apollo shares at 56... AOP 1 month ago
Tossing up ASX-listed African gold stocks? Here’s the ultimate, only guide you’ll ever need

In recent years attitudes towards African mining stocks have arguably changed as investors have become more risk averse and sensitive to both ESG and geopolitical risk. The words “Tier 1 jurisdiction” are becoming more prominent in the lexi...

Stockhead AOP 1 month ago
Gold Digger: Gold’s renaissance was short-lived. Have prices bottomed out?

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Stockhead AOP 2 months ago
Tips for new investors: What to look for when investing in gold stocks

Gold bulls believe that the ASX precious metals sector is currently a value investor’s dream. Famous resources investor Rick Rule calls it “universally too cheap” and Tony Locantro, investment manager at investment and advisory firm Alto Ca...

Stockhead AOP 2 months ago
Gold Digger: These cheap gold stocks might not last long

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Stockhead AOP 2 months ago
Ground Breakers: Evolution pays $1 billion to head into copper with Ernest Henry transaction

Copper is one of the most sought after commodities in the world right now, and Evolution Mining (ASX:EVN) has become the latest major gold miner to bet big on the “decarbonisation” commodity. Evolution will pay Glencore $1 billion to acquir...

Stockhead AOP 2 months ago
Gold Digger: Prices lift off on growing inflation

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

Stockhead AOP 2 months ago
‘Universally too cheap’: Rick Rule says these M&A focused gold miners are also prime takeover targets

In a recent chat with Stockhead’s Oriel Morrison, famous resources investor Rick Rule said Australian stocks were ripe targets for mounting merger and acquisition activity, especially in the gold space. Most have enjoyed strong margins and...

Stockhead AOP 2 months ago
From Chalice Mining to NAB: 4 ASX stocks that created a stir today

Highlights Chalice Mining extended its rally for the second day and hit a fresh 52-week high. Gold Road Resources and Apollo Consolidated ended lower following an update on takeover deal. National Australia Bank rebounded nearly 5% to...

Kalkine Media AOP 2 months ago
Why did the Ramelius (ASX:RMS) share price fall on Wednesday?

The Ramelius Resources Limited (ASX: RMS) share price has seen better days than today. Shares in the gold mining company finished 3.2% in the red on Wednesday. As a result, the company’s share price is now at a 22% discount to its 52-week...

Motley Fool AOP 2 months ago
ASX edges higher on financial boost; Chalice Mining, Kogan, NAB lead

Highlights The ASX 200 was trading 0.15% higher by mid-session on Wednesday. Six of 11 sectors traded in the red, while financial and utilities gained the most. Top gainers on the ASX were Chalice Mining, Kogan, and National Australia...

Kalkine Media AOP 2 months ago
ASX 200 opens flat despite Wall Street closing in red

Highlights The ASX 200 traded a mere 0.1 point up to 7,434.3 in early trade. US stocks also slid on Tuesday, bringing a multi-day streak of new record-high closing to an end. Chalice Mining again became the top gainer for the second d...

Kalkine Media AOP 2 months ago
ASX Update: Banks lead rally as jobs optimism surges

The share market edged towards its first gain of the week as strength in bank stocks and bond proxies offset pressure on miners. The S&P/ASX 200 rallied 14 points or 0.2 per cent. The advance reversed most of yesterday’s 18-point dec... AOP 2 months ago
Ground Breakers: Chalice hits all time high in afterglow of maiden resource announcement

This one has legs. Boom explorer Chalice Mining (ASX:CHN) is off and running after announcing the largest platinum group elements discovery ever in Australia yesterday. Its Gonneville deposit also came in as the largest nickel sulphide dis...

Stockhead AOP 2 months ago
Ramelius Resources tightens grip on Apollo Consolidated as Gold Road folds

Ramelius Resources has tightened its grip on takeover target Apollo Consolidated after erstwhile rival bidder Gold Road Resources folded its shares into the mid-tier miner’s offer.

The West AOP 2 months ago
Gold Road exits race to Apollo after Ramelius sweetens its offer

Highlights Gold Road has withdrawn its bid to acquire gold explorer, Apollo Consolidated Limited. Ramelius Resources has revised its bid to AU$0.34 cash per share and 0.1778 shares of RRL for each share of Apollo. Gold Resources is ho...

Kalkine Media AOP 2 months ago
Gold Road Resources (ASX:GOR) steps away from Apollo (ASX:AOP) takeover

Gold Road Resources (GOR) won’t be adjusting its offer price for Apollo Consolidated (AOP) following an improved offer from Ramelius Resources (RMS) Originally GOR put forward a bid to take over all the shares in Apollo for 56 cents each w... AOP 2 months ago
Ground Breakers: Takeover battles fizzle as gold fever reignites on ASX

Apollo Consolidated (ASX:AOP) shareholders hoping for a takeover battle between suitors Gold Road Resources (ASX:GOR) and Ramelius Resources (ASX:RMS) are set to be disappointed. The game of oneupmanship lasted just a couple rounds as Gold...

Stockhead AOP 2 months ago
Gold Road won’t lift offer for Apollo Consolidated

Gold Road Resources says it won’t lift its 56c-a-share offer for Apollo Consolidated despite the target’s board recommending in favour of a rival bid from Ramelius Resources.

The West AOP 2 months ago
ASX 200 sheds opening gains in early trade; CUV, PNV lead losses

Highlights The ASX 200 index rose 0.24% or 17.8 points to 7472.1 in early trade. Gold miners were among the best performers from the ASX 200 list in early trade, owing to the precious metal’s price jump. The Energy sector is the top p...

Kalkine Media AOP 2 months ago
Gold Digger: A global carbon tax could hit gold stocks right where it hurts

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Stockhead AOP 2 months ago
Who Made the Gains? Here are October’s top 50 miners and explorers

What happened to the most talked about metals and minerals in October? Investor sentiment for commodities went ballistic, almost across the board. Copper was back in vogue, rising above US$10,000/t for the first time since May. The close of...

Stockhead AOP 2 months ago
From Westpac to AusNet: Five ASX stocks that dominated trade today

Highlights Shares of Charter Hall Social Infrastructure REIT ended 1.6% lower. Seven West Media surged as much as 21% on deal with Prime Media Group. Westpac shares tumbled over 7% after its annual cash profit failed to meet estimate...

Kalkine Media AOP 2 months ago
Ramelius Resources (ASX:RMS) offers higher bid for Apollo (ASX:AOP)

Ramelius Resources (RMS) is offering to buy up Apollo Consolidated (AOP) for an increased price of 62 cents per share The offer is higher than Gold Road Resources’ bid of 56 cents per share and gives Apollo an estimated value of $181 milli... AOP 2 months ago
ASX rises 0.6%, telecom top gainer; AusNet, Seven West Media surge

Highlights The ASX 200 opened higher and rose 0.6% by the mid-session on Monday. Nine of the 11 sectors traded in red, barring financial and materials. Orocobre, Janus Henderson, and Blackmores were among top gainers on the ASX. Gold...

Kalkine Media AOP 2 months ago
Ramelius wins Apollo support for sweetened takeover offer

Ramelius Resources has won the support of Apollo Consolidated’s board in its battle with Gold Road Resources for control of the gold explorer.

The West AOP 2 months ago
Ground Breakers: Plot twists keep coming in gold mining M&A madness

Two of the gold sector’s most absorbing takeover battles are hitting a crescendo today, with Westgold Resources’ (ASX:WGX) bid to upend Gascoyne Resources’ (ASX:GCY) merger with Firefly (ASX:FFR) hanging over a key court hearing and Rameliu...

Stockhead AOP 2 months ago
Gold Digger: Ounce-hungry gold miners investing big $$ in M&A, new developments

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Stockhead AOP 2 months ago
Monsters of Rock: Westgold gains support in Gascoyne stoush and Whitehaven rejects coal criticism

Westgold Resources (ASX:WGX) appears to have secured the support of Gascoyne Resources’ (ASX:GCY) biggest shareholder despite losing a last minute bid with the Takeovers Panel to delay a meeting key to its offer. Gascoyne, which plans to me...

Stockhead AOP 2 months ago
Resource Nuggets: GOR, MIN, PLS, OSH

ShareCafeResource Nuggets: GOR, MIN, PLS, OSH Plenty of news from the mining and resources sector on Tuesday, here are the details. ………… More cheese, sorry gold ore, at the Gruyere mine in WA of Gold Road Resources? The $1.2 billion miner G...

ShareCafe AOP 2 months ago
Gold Digger: Two charts that show how undervalued gold stocks really are

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

Stockhead AOP 3 months ago
Apollo Consolidated (ASX:AOP) share price leaps 10% on takeover news

The Apollo Consolidated Ltd (ASX: AOP) share price has rocketed into the green today, currently trading more than 10% higher at 58.5 cents apiece. That’s an all-time high for the West Australian gold and minerals explorer, which has been...

Motley Fool AOP 3 months ago
Gold Road (ASX:GOR) share price edges higher on acquisition news

The Gold Road Resources Ltd (ASX: GOR) share price has struggled this week, coming off a previous high of $1.405 last week. However, Gold Road shares have moved into the green today, and are now changing hands at $1.34 each. That’s a 0.37...

Motley Fool AOP 3 months ago
Gold Road sparks battle for control of Apollo

Gold Road Resources has emerged with a strategic 19.9 per cent stake in Apollo Consolidated and trumped an agreed tie-up with Ramelius Resources.

The West AOP 3 months ago
Tony Locantro on Gold Road Resources' all cash bid for Apollo Consolidated

Proactive Investors AOP 3 months ago
From Aristocrat Leisure to Senex: How stocks reacted to M&A news

Highlights  Senex Energy jumped nearly 16% on receiving a takeover bid. Aristocrat Leisure shares entered trading halt following an acquisition announcement. Ramelius Resources shares dipped 5.5% on acquisition news. GPT Group shares...

Kalkine Media AOP 3 months ago
Closing Bell: ASX starts the week with a 0.26pc gain and several M&A deals

The ASX saw a frenzy of M&A deals today and it sent the market higher. Companies completing deals included Ramelius Resources (ASX:RMS) buying Apollo Consolidated (ASX:AOP) and Class (ASX:CL1) being acquired by Hub24 (ASX:HUB) along wit...

Stockhead AOP 3 months ago
ASX Close: Three-week high as heavyweights rise

A third day of gains lifted the ASX to its highest close in three weeks, powered by the banking and mining juggernauts. The S&P/ASX 200 trimmed its advance after a mid-session report showed the Chinese economy and factory output slow... AOP 3 months ago
Ramelius Resources Shares Down after Apollo Bid (ASX:RMS)

The Ramelius Resources Ltd [ASX:RMS] shares are down today after making a takeover offer to buy Apollo Consolidated Ltd [ASX:AOP]. Ramelius is an ASX-listed gold producer that owns and operates several assets in Western Australia including...

Daily Reckoning AOP 3 months ago
ASX up 0.4% on M&A boost; Senex Energy surges 15% on takeover bid

Highlights The ASX 200 was up 0.4% by lunchtime, boosted by mergers and acquisitions news. Seven of the 11 sectors traded in green, led by energy, financial and materials. Metal and mining companies, OZ Minerals, Orocobre and Nickel M...

Kalkine Media AOP 3 months ago
ASX Update: Banks steer market towards third straight gain

Australian shares climbed for a third day ahead of a lunchtime economic update from trading partner China. The S&P/ASX 200 overcame a mid-morning wobble to reach mid-session 25 points or 0.35 per cent ahead. Gains in the heavyweig... AOP 3 months ago