Articles On Ramelius Resources (ASX:RMS)

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...

Growing concerns of runaway inflation and a sooner-than-expected rate hiked spooked tech stocks globally. After the tech-heavy NASDAQ fell almost 1% on Friday, the ASX Tech sector was today’s worst performer on the local bourse, down by 0.7...

The share market looked ready to add to three weeks of gains at this morning’s open following a record close on the Dow and a rebound in mining stocks. Futures action suggested the S&P/ASX 200 would open 30 points or 0.4 per cent ahe...

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...

Ramelius Resources (RMS) increases gold production from 61,840 ounces in the June quarter to 65,686 ounces of gold over the September quarter The gold came from the WA-based Mt Magnet and Edna May projects which produced 33,958 and 31,728...

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...

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...

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.

Auric’s drilling has discovered a new zone of gold mineralisation at the promising Guest Prospect within its Widgiemooltha Project in Western Australia. Notable results from the new find in the southeastern part of the prospect include 2m a...

Highlights The ASX 200 traded 0.2% higher by the mid-session, led by tech stocks. Barring material, all sectoral indices were trading in the green zone. Blue-chip mining stocks BHP, Rio Tino and Fortescue traded lower. Uniti Group, Z...

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...

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...

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...

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...

What a time it is to be in base metals, with depleting stocks in metals warehouses and smelter shutdowns in energy starved Europe and China propelling prices to record levels. Is it a short-term phenomenon or a harbinger of what’s to come?...

Ramelius Resources (RMS) makes an offer to purchase WA gold and copper explorer Apollo Consolidated (AOP) The company is looking at purchasing all Apollo’s shares in a deal that will put Apollo’s enterprise value at $128 million Under the...

Highlights The benchmark ASX 200 index was up 23.3 points or 0.3% to 7,385.3. The Dow Jones marked its biggest weekly percentage gain on Friday since June 2021, rising 1.09% to 35,294.76. A heavy fall in gold prices led gold miners to...

There is no shortage of gold-loving analysts, fund managers, miners and investment bankers ready to tell you the gold mining sector is undervalued. While miners are reporting the same profits they were a year ago, the retreat of gold prices...

ASX-listed Ramelius Resources is going for gold at Apollo Consolidated, as a new wave of M&A is set to sweep through Western Australia’s goldfields. 

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Dr Copper is in rude health this morning, rising 2.5% to US$9760/t to counter concerns that the energy and property crises in China would dull demand for the base metal. The International Monetary Fund had conflicting messages for the coppe...

Local markets are still struggling to find an upward catalyst, as the ASX 200 followed Wall Street lower in Tuesday trade. Tech stocks again led falls at the big end of town, as the ASX 200 Information Technology index dipped by 1.46%. High...

Highlights The ASX 200 dropped 0.2% by mid-session, paring opening gains. Seven of 11 sectors traded in the green, led by materials and consumer staples. Shares of Plenti, Westpac, Commonwealth Bank, CSL and Telstra were in...

“There is clear future potential here for an open-pit resource to be defined and there is minimal drilling at depth or along strike of the known mineralisation,” says MD.

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

It was a good day to be yellow as gold miners led the gains among the ASX 300 miners. There have been some dark days for hunters of the precious metal this year, with equities sliding as prices have floated listlessly in 2021. But a weak da...

The ASX 200 followed Wall Street lower in Tuesday trade, in line with what looks like the emergence of a broader global trend; buy oil and gold, sell tech. The ASX 200 Energy index is up by around 18% since September 20, and oil & gas s...

Tom Bleakley, BW Equities BUY RECOMMENDATIONS Ramelius Resources (RMS) The company’s share price has drifted lower with the physical gold price. The company reported a statutory net profit after tax of $126.8 million in fiscal year 2021, up...

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

At lunch on Friday, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week on a very disappointing note. The benchmark index is currently down 2% to 7,184.5 points. Here’s what is happening on the ASX 200 today: Gold miners char...

Highlights The ASX 200 gained as much as 1.15% by mid-session on Thursday. All sectoral indices traded in the green, while consumer staples and energy gained the most. Orica, Codan, Beach Energy, ARB Corp and Collins Foods topped ASX...

BetaShares Australia 200 ETF (ASX: A200) could be a really good starting investment for people beginning their investment journey. The A200 ETF is an exchange-traded fund (ETF) which gives people the ability to invest in the ASX 200 (ASX: X...

Highlights The ASX 200 index fell 27.6 points as gold miners led the market losses and fears around the ability of Evergrande to pay its debts persist. Asian markets finished mixed as of the most recent closing prices while the S&P...

Here we are, finally at the end of a long week that promised to descend into carnage at the big end of town — before petering out to a scratch. The potential collapse of Evergrande and a flailing iron ore price had several business news wri...

The ASX 200 finished the week on a low note, falling by 0.41% for the day and down 0.68% for the week. Prior to today, the local bourse was on a three-day winning streak, following the big 2.1% crash on Monday. Energy was the best performin...

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

Highlights The Australian sharemarket was buoyed by gains on Wall Street after the Federal Reserve signaled it may begin easing its extraordinary support measures for the economy later this year. The ASX200 ended up today, gaining 86 p...

The S&P/ASX 200 Index (ASX: XJO) is on track to record a stellar gain on Thursday. In late afternoon trade, the benchmark index is up 1.1% to 7,376.4 points. Four ASX shares that have failed to follow the market higher today are listed...

Highlights The ASX 200 gained as much as 1.2% by mid-session. Ten of 11 sectors were flashing in the green, barring healthcare. Investors are delighted by upbeat PMI data for September. News Corp topped the gainers’ list, while Relia...

At lunch on Thursday the S&P/ASX 200 Index (ASX: XJO) is on course to record a strong gain. The benchmark index is currently up 1.1% to 7,375.6 points. Here’s what is happening on the ASX 200 today: Transurban returns and falls The Tra...

The ASX 200 lost 0.92% today, taking the benchmark index lower by 0.20% for the week. The local market was trading in the red since the opening bell, with miners hit especially hard. The Mining sector was the worst performer today, falling...

It’s been over a week since Port Adelaide and Geelong were unceremoniously dumped from 2021 AFL Premiership contention after getting absolutely demolished by the Western Bulldogs and Melbourne Demons. Major mining stocks were similarly unco...