Articles On Ramelius Resources (ASX:RMS)

ShareCafeEvolution Slammed 20% as Regression Sets In Last week we saw surprisingly bad reports from gold miners Dacian, St Barbara and Ramelius Resources. Monday, the much larger gold and copper miner Evolution Mining followed with very wea...

Powerful rebounds in beaten-down banking and technology stocks powered the share market to its second-largest gain of the year as interest rate worries temporarily subsided. The S&P/ASX 200 surged 127 points or 1.94 per cent to its h...

A broad rally propelled the share market towards a third day of gains as easing commodity prices and weak economic signals soothed fears about global inflationary pressures. The S&P/ASX 200 jumped 116 points or 1.76 per cent by mid-s...

ShareCafeTough Week for Some Local Gold Producers It’s fair to say the local gold sector has had better weeks. Three of its constituents in particular. Updates from Dacian Gold, St Barbara and Ramelius Resources this week contained the sort...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

A literal series of unfortunate events has forced Ramelius Resources to lower its gold production estimate for FY22. The company reported that due to more persistent rain than forecast on some of the haulage routes to both the Mt Magnet and...

Highlights ASX 200 regained 0.31% today, thanks to a push from REITs and healthcare stocks. Blackmores Limited from healthcare was the top gainer, while gold miner St Barbara lost most. Inflation and recessionary concerns seem to be w...

A WA parliamentary inquiry into sexual harassment in the FIFO mining industry has issued a damning report into the sector 24 recommendations include a call for WA’s mines department to introduce a system to stop offenders popping up on new...

Aussie stocks logged their second rise in three days as a decline in bond yields encouraged buyers to scoop up companies offering superior returns. The S&P/ASX 200 climbed 20 points or 0.31 per cent.   Today’s rally was only the s...

Australian shares rose for only the second time in two weeks as rebounds in property landlords and banks offset pressure on commodity stocks. The S&P/ASX 200 climbed 18 points or 0.28 per cent by mid-session. Bond proxies such as...

Shares in Ramelius Resources plunged 10 per cent in morning trade on Thursday after the company announced it was downwardly revising full-year 2021-22 production guidance because of a cocktail of pressures.

The Ramelius Resources Limited (ASX: RMS) share price is trading 8% lower today at $1 apiece. Investors are selling the $945 million company by market cap following a company announcement on its gold production estimate for FY22. What d...

Ramelius Resources (RMS) will not reach its gold production guidance for the 2022 financial year and says it expects costs to land in the higher end of its predicted range The company blames issues such as persistent rain, COVID-19-induced...

Highlights Emerald Resources increased its direct equity stake in gold focused Bullseye Mining to 59.32% Emerald will use its exploration expertise to maximise the value of the Bullseye gold project EMR will work in sync with Bullseye...

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...

The share market ended its worst two-week run since the early days of the pandemic at a 19-month closing low as fears of a global recession drove selling. The S&P/ASX 200 ended 116 points or 1.76 per cent weaker this afternoon at 647...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

Aussie shares sank to their lowest level since November 2020 as recession fears continued to batter financial markets. The S&P/ASX 200 dived 136 points or 2.07 per cent towards a sixth straight loss. Barring a miraculous afternoon re...

Highlights Australian equities fell for the sixth straight day on Friday tracking global market rout ASX 200 fell over 2.5% led by broad-based selling Over the last five days, the benchmark index has lost 7.43% Australian equities...

ShareCafeEvening Report: 16 June, 2022 by Melissa Darmawan   Australian shares gave back its gains after the relief-rally was overshadowed by concerns of future aggressive interest rate hikes from the Federal Reserve to curtail hot inflatio...

The Pilbara Minerals Ltd (ASX: PLS) share price is launching higher today despite the company’s silence. It’s only the second session for the entire month of June so far in which the lithium producer has posted a gain. In fact, it’s...

ShareCafeKalgoorlie Gold Mining’s Riches Lie Close to Home As its moniker suggests, the recently listed Kalgoorlie Gold Mining sees no reason to stray beyond what chief executive Dr Matt Painter dubs “one of the world’s most prolific gold p...

Black Cat Syndicate becomes the latest gold miner to defer construction plans as labour shortages in WA bite The company says its Kal East gold project would produce over 300,000oz of gold over 5.5 years Capital Economics economists say mi...

Big iron ore miners and their outsized market caps keep resources sector from total flop Lithium and gold miners were sold off, with Pilbara Minerals cutting more than a fifth of its value Looking overseas Gold Fields announces a US$6.7 bi...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

ASX 200 closed 0.53% lower today AI stock Appen jumped 29% on takeover play China’s economics boss sounds warning   Local blue chips lost early gains and finished the day in the red, with the ASX 200 index closing half a percent lower tod...

ShareCafeLunch Report: 26 May, 2022 by Melissa Darmawan   Australian shares turned lower as miners fell after investors digested that the country’s largest trading partner is faring worse than when the pandemic first emerged. The change of...

Golden Mile Resources (G88) completes an aircore drilling program at its Yuinmery project in the Youanmi gold mining district in Western Australia The program included 139 holes, totalling 2265 metres, and tested the Elephant Reef, Ladies...

Highlights The Australian equity markets opened on a positive note today. In the initial few minutes of trading, the benchmark index ASX 200 was up 0.27% at 7,164.90 points. Seven of 11 sectors traded higher today, with the Materials...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Highlights The ASX200 lost another 69.50 points, weighed down by global interest rate fears and a slump in iron and oil prices. Metal stocks suffered, with even gold miners bearing the brunt today (10 May 2022). While the Metals &...

Current selloff in ASX gold stocks presents a buying opportunity, says Dagan Producers looking to acquire junior stocks to replenish ounces 5 ASX stock picks: NST,ALK, MZZ, BC8, BCN MoneyTalks is  Stockhead’s regular recap of the ASX stoc...

Inflationary pressures are supporting gold prices, but proving a challenge for gold miners Northern Star has upped its cost guidance after seeing AISC rise for the second straight quarter this financial year After asset sales NST boss Stua...

Ramelius Resources has reported an easing of labour shortages since the WA border re-opened on March 3 and says COVID-19 has resulted in only a minor impact on productivity.

The latest Resources and Energy Quarterly (REQ) reported Australia’s gold mine production is projected to rise at an average of 6.8 per cent a year in the next three years, reaching a peak of 390 tonnes in 2025–26. Australia’s gold industry...

Highlights ASX200 closes trade about 0.56% higher at 7565.20 points today (19 April 2022). The Australian benchmark shrugged off global market weakness and overnight fall in the US market. Healthcare remained the top loosing sector on...

They say a spoonful of sugar makes the medicine go down. In the gold space, junior explorer Carnavale Resources believes it may be building towards a Goldfields ‘sugar’ hit of its own. Carnavale (ASX:CAV) is a WA-focused gold and nickel su...

Highlights ASX 200 fell 0.4%, or 31.2 points, to 7454, weighed down by losses across healthcare and technology sectors. Market sentiments are being powered by developments around Russia-Ukraine war and heightened inflationary concerns...

Gold miners were the strongest performers in the ASX 200 and 300 today All Ordinaries Gold index up 0.56%, taking its year to date gains to 12.57% Firefinch maps clear path to 100,000oz at its Morila gold mine in Mali this year   Gold pro...

ASX 200 slipped 0.42% Russia bonds deemed to have defaulted by S&P Afterpay net loss is growing  Local shares slipped by 0.42% today on growing concerns that imminent rate hikes could trigger a revaluation of equities. It was a sea of...

A broad sell-off lowered Australian shares in the wake of sharp declines on Wall Street and commodity markets overnight. The S&P/ASX 200 declined steadily to a mid-session loss of 40 points or 0.53 per cent. All 11 sectors retreat...

ASX mining shares were the star performers last quarter, with the basket coming clearly out on top. The S&P/ASX 300 Metal & Mining Index (ASX: XMM) gained 14.7% between December 31 and March 31. The S&P/ASX 200 Materials Inde...

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...

The S&P/ASX 200 (ASX: XJO) continues to defy weakening market sentiment, falling less than 0.1% on Friday with the ASX 200 ultimately gaining 1.2% and delivering a third straight week of gains. BHP, lithium stocks drive ASX 200 On Frida...

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...

Ramelius Resources (RMS) executes a syndicated facility agreement (SFA) with Commonwealth Bank of Australia, BNP Paribas and National Australia Bank The SFA and associated documents provide Ramelius with a revolving corporate facility of $...

Highlights The ASX 200 closed 0.7% higher at 7514.5, its highest level since January 2022. Australia’s Federal Budget focused on easing cost of living and delivering a host of one-off or short-term measures. Crude oil is currently tra...

ASX 200 on 7-day consecutive winning streak Tech sector surges Telstra boss quits   The post-Budget day saw ASX 200 finishing higher for the seventh consecutive day, narrowing its loss for the year to only 1%. The benchmark index closed 0...

The share market extended its longest winning run of the year with buyers encouraged by the resumption of Russia-Ukraine peace talks and a big-spending Federal Budget. The S&P/ASX 200 climbed 50 points or 0.67 per cent to a seventh s...