Articles On Ramelius Resources (ASX:RMS)

Gold producer Ramelius Resources has purchased a controlling stake in Breaker Resources, another Australian gold producer. As payment for the acquisition, Breaker shareholders received an implied offer price of $0.40 per share, equating to...

The ASX 200 index closed 0.3% on Friday, but was down 1% for the week ANZ and Macquarie’s earnings lifted financials Property stocks also lifted higher today   Local shares finished higher by 0.3% on Friday despite opening lower this morn...

The ASX 200 fell nearly a per cent today, with almost all sectors trading down. Aussies were still reeling from yesterday’s unexpected interest rates rise and a 5 per cent drop in oil prices overnight. Meanwhile, Ai Group on Wednesday...

ShareCafeEnergy sector leads Aus shares 0.96% lower by Peter Milios   At the closing bell, the S&P/ASX 200 was 0.96 per cent lower at 7,197.40, due to a broad decrease, with energy and financial sectors leading the decline after the RBA...

Gold miners bite nails as US Fed rate decision approaches Higher rates are bad for gold, with severity of hike to impact bullion’s near-term price Chalice drills hard at Julimar   Gold miners will be looking over their shoulders overnight...

The ASX tumbled over 1% today, in line with moves on Wall Street overnight Energy stocks tumble after crude prices plunge over 5pc last night The US Fed will make its rate decision later tonight   The ASX 200 tumbled by 1.3% on Wednesday,...

The S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and dropped deep into the red on Wednesday. In afternoon trade, the benchmark index is down 1.25% to 7,176.3 points. Four ASX shares that are not letting that hold th...

It’s been a negative start to the day, with almost all sectors in the red. Energy has fared the worst so far following a 5 per cent plunge in oil prices overnight. Meanwhile, gold miners are doing their best to taper the losses acros...

Western Australian gold producer Ramelius Resources (ASX:RMS) reports it has acquired a controlling interest in emerging gold producer Breaker Resources (ASX:BRB) with its relevant interest now exceeding 50.1% of Breaker’s issued capital. T...

ShareCafeFracking in NT gets approved: ASX down 1.04% at noon by Peter Milios   At midday, the S&P/ASX 200 is 1.04 per cent lower at 7,191.70, due to a drop in energy and financial stocks following a sell-off by US banks and a decrease...

ShareCafeStocks of the Hour: GRE, BRB, OLL                    GreenTech Metals (ASX:GRE) announced that drilling at the Austin prospect revealed a copper-dominant mineralised horizon with significantly increased thickness. In addition...

The ASX is expected to fall again on Wednesday following re-sparked banking fears across the US that led to declines on Wall Street overnight. Eyes are now on the US Federal Reserve, which has started its policy meeting. Here are some...

ASX miners adding to hedge books at prices up to A$3200/oz – well above record highs Heavy hedging a vestige of times past due to losses suffered in the late 90s, early 2000s Regis Resources still has 145,000oz of legacy hedges at frighten...

Aussie Google searches for ‘how to buy and gold and silver’ at 12 year highs Reporting season: Wednesday small cap standouts: GBM Resources, Ora Banda Mining Our Gold Digger column wraps all the news driving ASX stocks with exposure to pr...

Gold and silver edged higher Tuesday to US$1996/oz and US$25.15/oz Unhedged Gold Road Resources (ASX:GOR) sells 41,818oz in March quarter at a record average price of A$2,764 per ounce Small Cap Standouts: Metalstech, Los Cerros Our Gold...

Local shares closed flat in thin trading ahead of ANZAC day Invocare plunged 10pc after TPG withdrew offer Fortescue reported a 16% drop in quarterly iron ore production   Trading volumes were thin and the ASX ended flat on Monday ahead o...

US deficit blew out in the early 2000s, sparking a major bear market for the USD This was a catalyst for a major increase in price of gold, from US$250 in 2001 to a high of ~$2,000 a decade later: Jesse Felder Yesterday’s ASX News Highligh...

Gold, eyeing record highs (~US$2070/oz) just days ago, has been chopped down to ~US$2000/oz Gold’s path towards record territory is still there, it just might take a little while longer: OANDA’s Ed Moya Silver holds the psychologically sig...

The ASX slumped by 0.4% today as the RBA released its April minutes Core Lithium jumped 8pc after increasing its MRE BlackRock ditched its 60/40 strategy   Local shares fell 0.4% on Tuesday after the RBA minutes revealed the central bank...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decline. At the time of writing, the benchmark index is down 0.45% to 7,348.7 points. Four ASX shares that are falling more than most today are listed below....

Rejigged deal will see embattled St Barbara sell flagship Leonora gold assets to Genesis Minerals for ~$600m in cash, shares Deal “reflects the deterioration over recent months in both SBM’s financial and operational position”: Gavin Wendt...

Local shares bucked Wall Street and rose by 0.2% today Lake Resources surged 20pc after lithium production announcement Gold stocks were mainly down, Regis Resources fell 11pc after a production downgrade   Local shares gained 0.2% today,...

Current Aussie gold price of $3013.26/oz means an extra $450 per oz of unhedged production for our local miners Gold miner quarterly reports due to trickle in from later this month Weekly Small Cap Standouts: TechGen Metals, Labyrinth Reso...

MoneyTalks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from Argonaut hea...

Despite a bullish backdrop – COVID, war, inflation shocks, bank failures – gold has traded in an oddly tight range Liberum says all these demand drivers are being ‘cancelled out’ by Fed-led inflation-targeting rate hikes Gold paying US$201...

Local shares lifted over 1 per cent today as all 11 sectors rose Newcrest Mining and Treasury Wines led their respective sectors Bitcoin surged past US$30k, first time since June 2022   The ASX 200 advanced 1.2% today, with all 11 sectors...

Banking crisis sparks gold ETF inflows for the first time in 10 months Central Banks continue buying up gold at record levels Every larger gold stock on our list enjoyed gains this week led by double digit gains for the mid-tier and advanc...

Gold breaches US$2,000oz with ease on weak US economic data A weaker jobs report Friday could see record highs tested Wednesday small cap standouts: Investigator, Labyrinth, Rox Our Gold Digger column wraps all the news driving ASX stocks...

Western Australian-based explorer E79 Gold Mines (ASX: E79) is gearing up for a busy few months of drilling across its portfolio of projects in Western Australia. E79 Gold’s Projects comprise 944km-square of ‘highly prospective’ ground with...

The ASX closed flattish on Wednesday RBA boss Phil Lowe says it’s too early to think about rate cuts Gold stocks keep climbing   Aussie shares were flat after investors digested a speech from RBA boss Philip Lowe on Wednesday. Lowe told t...

When something is running hot, like lithium, any dog stock can have its day. Our theory is this. For a long-term hold, it pays to look at companies that have good projects in unpopular (but essential) commodities because one day that commod...

The ASX closed 0.15% higher on Tuesday The Reserve Bank has paused rates today after 10 consecutive hikes The ACCC released its view on proposed ANZ and Suncorp merger   Local shares remained flattish after the Reserve Bank paused its rat...

Javelin Minerals (ASX:JAV) reports a staged test work program has produced ‘excellent’ gold-copper metallurgical recoveries at the Coogee Project in Western Australia.  The test work program was designed to investigate the metallurgical qua...

Resources and Energy Quarterly (R&EQ) analysts reckon gold will tumble to US$1550/oz by 2028 Don’t fret: recent R&EQ gold predictions have been way off the mark Monday’s Precious Metals Stock of the Day: Battery Minerals (ASX:BAT)...

Gold ($US1981/oz), silver ($US23.91/oz) continue to trade just below recent highs All top 15 stocks by market capitalisation gained between 2- 20% this week, for an average of 8% ASX gold standouts this week: Regis Resources, Ramelius Reso...

FxPro predicts US$2600/oz gold price, sparked by changes in monetary policy 6 of the top 8 gold stocks by market cap have made double digit gains so far in 2023, led by Newcrest (ASX:NCM) with 29% Our Gold Digger column wraps all the news...

Ramelius Resources reigns supreme with top gold discoveries in the last five years Newcrest Mining is close on its heels, taking out 2nd place This amateur prospector just found a gold nugget worth $240K    Our Gold Digger column wraps a...

Having failed to react to the potent drivers of galloping inflation and serious geopolitical tensions, bullion is finally having its overdue moment in the golden sun. The last time we looked, the US-denominated gold price was flirting with...

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

The S&P/ASX 200 Index (ASX: XJO) started the week out on the right foot today, lifting 0.1% to close Monday’s session at 6,962 points. The major news on investors’ minds this morning came from overseas, however. Stock in Germany’...

The S&P/ASX 200 Index (ASX: XJO) slipped lower on Friday, falling 0.19% to close at 6,955.2 points. That leaves the index 0.57% lower week on week. It came on the back of rate hikes in the United Kingdom, Switzerland, and Norway overni...

Carl Capolingua is the only Australian technical analyst you will meet in this story. He works by candlelight at ThinkMarkets and lives with the little candelabrums in the western state that does what it wants, when it wants and where they...

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

Ramelius Resources has lodged an all-scrip takeover offer for the Lake Roe gold project. Ramelius will acquire the Lake Roe gold project in WA from Breaker Resources. Lake Roe has a mineral resource of 32 million tonnes at 1.6 grams per to...

ShareCafeASX closes 1.38% lower as investors digest Credit Suisse takeover by Peter Milios   On Monday, at the closing bell, the S&P/ASX 200 was 1.38 per cent lower at 6,898.50, as investors considered the takeover of Credit Suisse and...

ASX down, then up, then down even further to -1.4% as bank crisis looms large. XEC Emerging Companies index plummets 1.8% as fear overtakes greed. Goldies are making hay again, XED All Ordinaries Gold up more than 7.0%.   Things have been...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

The S&P/ASX 200 Index (ASX: XJO) has started the week deep in the red. At the time of writing, the benchmark index is down 0.7% to 6,945.3 points. Four ASX shares that are not letting that hold them back today are listed below. Here’...