Articles On Ramelius Resources (ASX:RMS)

Highlights The Australian share market opened flat after treasurer Josh Frydenberg’s comments. At 11 AM (AEST), the ASX 200 was trading at 7,237.10, down 0.057%. While the ASX All Ordinaries index was down 0.025% or 10 points to 7,543...

The ASX 200 was up by 0.33% today, and ended the week just 0.42% lower after five days of volatile trading. The local bourse saw the same dip buying we saw on Wall Street overnight where investors lifted the stock markets by over 1%. Across...

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...

As Stockhead’s Josh Chiat reported this morning, reports of an industrial production slowdown in the Middle Kingdom may have been greatly exaggerated. In fact, the latest update from the People’s Bank of China raised the possibility to more...

Highlights The ASX 200 rose as much as 0.7% by mid-session on Tuesday. Barring tech and telecom, all sectors were trading in the green. The market rally was driven by mining stocks such as Fortescue, BHP, Champion Iron, Rio Tinto. Ba...

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...

ShareCafeDiary: Little Figures Casting Long Shadows Interest rate decisions from two minor central banks in New Zealand and South Korea will dominate global markets this week, as will the early November reports on the pace of manufacturing...

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...

The ASX 200 rebounded by 0.13% today, after posting losses over the last two days. Healthcare, Real Estate and Consumer Staples were the best sectors rising by 1% each, while Energy was the main laggard losing 1%. Falls in energy stocks fol...

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...

Mining stocks have defied a bearish market, seemingly riding debt-ridden Chinese property giant Evergrande’s near death experience into a sea of bright green. The company appeared to have entered a default overnight before miraculously find...

The ASX 200 finished lower by 0.37% today, extending its loss for the week to over 1%. Local stocks fell following broad-based selloff on Wall Street overnight triggered by the US inflation data, which rose at a pace not seen since the earl...

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...

The S&P/ASX 200 Index (ASX: XJO) is having a decent, if not inspiring day of trading so far on the ASX this Wednesday. The ASX 200 is currently up by 0.08% to 7,428 points at the time of writing. But one ASX 200 sector that is not havi...

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...

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 The ASX 200 extended loss for the second day and ended 0.24% lower on Tuesday. Seven of the eleven sectors closed lower, led by energy and financials. CSR, Inghams, Suncorp Group, Boral, and Bendigo and Adelaide Bank were a...

While Wall Street has been on a tear, local large caps have struggled for traction to start the week. The ASX 200 traded flat today to finish 0.1%, as gains in resources were offset by falls in banking and energy stocks. The big end of town...

The S&P/ASX 200 Index (ASX: XJO) is having a rather volatile day of trading so far this Tuesday. At the time of writing, the ASX 200 is still down 0.1% at 7,445 points after swinging positive and negative at various points today. But r...

Westar Resources (WSR) has entered a trading halt as it prepares to raise fresh capital In a recent investor presentation, the gold and base metals explorer revealed some exploration and drilling plans for its projects in WA WSR finished t...

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...

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.

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...

The Gold Industry Group is calling for final registrations for its annual Great Diversity Debate on November 12, exploring the topic of working from home. In conjunction with Women in Mining and Resources WA (WIMWA), the Gold Industry Group...

‘Drill hard’ has been the approach of busy WA gold explorer Yandal Resources (ASX:YRL) since it listed on the ASX about three years ago. With a backing of a very tightly held and supportive register, YRL is drilling 100,000m for 2021 in the...

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...

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...

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...

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

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...

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...

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...

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...

Highlights  The ASX 200 closed 0.3% higher at 7441 with the tech and industrials the only sectors in the red. Asian stocks and U.S. futures were steady. Bitcoin prices today surged while other digital tokens were mixed. The ASX 20...

Australian shares looked set to build on a five-week high following fresh records in the US and a seven-year peak in oil. ASX futures rallied 14 points or 0.19 per cent. The S&P/ASX 200 has risen for seven of the last eight sessions,...

Highlights The ASX 200 closed 0.3% higher at 7441 with the tech and industrials the only sectors in the red. Asian stocks and U.S. futures were steady. Bitcoin prices today surged while other digital tokens were mixed. The ASX 200...