Articles On Apollo Consolidated (ASX:AOP)

The ASX200 has ended Friday down 0.15pc, but ends week higher Property and Healthcare gains offset by Resources losses  Small Caps led by Gold50   Wall Street hit more record highs on Thursday in New York, the Australian market on Friday,...

  Pilbara Minerals has allocated up to 620,000tpa of spodumene with large Chinese lithium converters in hint they remain positive on EV demand Ramelius responds to mine life concerns with decade long 150,000ozpa plan for Mt Magnet Bellevue...

Ramelius Resources (ASX:RMS) appears to embrace the adage "a takeover a year keeps the wolves at bay," as evidenced by its latest development. This time, instead of targeting a small rival, the company's sights are set on a significant acqu...

Ramelius Resources (ASX:RMS) has officially acquired more than 90% of the shares in Musgrave Minerals (ASX:MGV), meaning it will now move to compulsory acquisition of all remaining Musgrave shares. Under the Corporations Act, a sharehol...

Westgold Resources continues its climb with assays at Great Fingall Ramelius to progress to compulsory acquisition of Breaker 29Metals outlines plan to recover after rainfall impact at Capricorn copper Ain’t that good news, Sam Cooke once...

Gold producer Ramelius Resources has now acquired 90 per cent relevant interest in Breaker Resources. As a result, Ramelius will now move towards compulsory acquisition of all the remaining Breaker shares. As payment for the acquisition, B...

While ASX gold shares are starting the week very strongly, one is standing out with a particularly strong gain. At the time of writing, the Breaker Resources NL (ASX: BRB) share price is up a whopping 36% to a 52-week high of 39.5 cents. W...

Solstice Minerals (SLS) appoints experienced mining executive Nick Castleden as its CEO and Managing Director, effective from January 23Mr Castleden is a geologist with over 25 years of experience in the mineral exploration and development...

The De Grey Mining Limited (ASX: DEG) share price is having a tough year. Since the start of 2022, the gold developer’s shares have lost 27% of their value. While clearly there have been a lot of sellers of its shares, recently there has...

Northern Star says there is decades ahead for Kalgoorlie’s historic Super Pit St Barbara and Gold Road face big questions over M&A chatter Paddy Hannan, Dan Shea and Tom Flanagan stumbled on the golden rocks that would become Kalgoorl...

Cameco boss Tim Gitzel says there’s “no solution without nuclear” as green energy and Russian sanction put rocket up uranium market Aussie uranium stocks move higher on positive chatter Gold miners report as prices lift overnight despite 0...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

Corporate M & A expert Liam Twigger says the WA gold sector is ripe for consolidation WA’s mid-tier gold sector is looking for its next champion to bridge gap to majors A host of emerging companies and their leaders could fit the bill...

ShareCafeCorporate Chatter: DGO / GOR, WSA / IGO Plenty of corporate activity in the local mining sector at the moment, with developments today on the proposed takeovers of DGO Gold by Gold Road Resources and Western Areas by IGO Ltd. …………...

DGO Gold directors endorse Gold Road’s $308 million bid for all scrip takeover Deal prices DGO shares at a 28% premium of $3.55, sends stock soaring in early trade Real prize is DGO’s 14.4% stake in De Grey Mining, owner of the world class...

US aid could be coming for critical minerals firms in Australia after trade dialogue between the nations Iron ore futures hit 7 month highs Ramelius get $100m debt package. Are more deals brewing? The good ole US of A is starting to throw...

Siren Gold hits 2.5m at 358.2g/t Tempest Minerals now up an eyewatering 510% since announcing big copper discovery on Monday Bulletin Resources picks up lithium rock chips as high as 7.04% Li2O Talga’s Electric Vehicle Anode (EVA) qualific...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

Ramelius Resources (RMS) reports lower production and earnings for the first half of the 2022 financial year Production totalled 132,605 ounces of gold, an 8 per cent decrease on the pcp which contributed to a 9 per cent drop in revenue to...

The Ramelius Resources Limited (ASX: RMS) share price is crumbling today following the release of the gold miner’s half-year earnings. In the report, the Western Australian miner revealed a drop in profits across the board. At the time o...

Bulletin Resources picks up high grade lithium up to 8.21% in rock chips, drilling to kick off ASAP Global Lithium unveils maiden 9.9Mt resource grading 1.14% lithium at ‘Manna’  Black Rock (graphite), Sipa (lithium, gold), Big River (gold...

Key points The Ramelius share price sank 8% today Investors did not warm to the company’s quarterly results Gold production at its Western Australian mines was at the lower end of the guidance The Ramelius Resources Ltd (ASX: RMS) s...

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...

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....

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...

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...

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...

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...

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....

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.

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.

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.

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...

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...

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...