Articles On Ramelius Resources (ASX:RMS)

The ASX slumped more than 1.5% on Friday, 2% for the week Bond yields jumped as rate-sensitive stocks like Tech and Real Estate sold off US auditors begin to inspect NY-listed Chinese companies again   Local shares dropped by -1.5% on Fri...

The ASX stumbled by over 1% on Thursday following the Fed minutes release overnight Energy, Discretionary and Mining stocks led the selloff Blackrock boss Larry Fink says he aims to make Bitcoin trading cheaper   Local shares dropped by o...

Ramelius Resources has achieved its best quarterly results for the 2023 financial year (FY23) so far with 68,752 ounces of gold produced within a guidance of 67,500–77,500 ounces. 240,996 ounces was produced for FY23 in total within the lo...

Banks and mining stocks dragged the ASX lower to -0.35% for the day. AGL Energy hits a 12-month high, as did lithium player PMT. 2yr vs 10yr US yield inversion sends strong signals of American recession risk   Local shares tumbled by ov...

Greenstone has clearly demonstrated the wisdom of adopting a resource growth strategy with the upgrading of its global gold resource by 57% to 520,134oz. The company, which shifted away from small scale mining some 12 months ago, upgraded t...

Westgold Resources has advised the market that it does not intend to increase its takeover offer for Musgrave Minerals, in the wake of a superior offer from Ramelius Resources. Last month, Westgold made an off-market all-scrip offer of one...

Ramelius Resources (ASX:RMS) has swooped in and snatched Musgrave Minerals (ASX:MGV) after the latter rejected an all-paper offer from Westgold. Ramelius and Musgrave moved quickly to finalise their deal (and prevent Westgold from consideri...

Westgold Resources appears to be bowing out of the battle for Musgrave Minerals, saying it will not be improving its offer following a rival bid from Ramelius Resources. 

Ramelius Resources and Musgrave Minerals have entered into a bid implementation agreement (BIA). The BIA is in accordance with what Ramelius will offer to acquire all the issued ordinary shares of Musgrave by way of a cash and scrip off-ma...

04 Jul 2023 - Ramelius Resources has swooped in and snatched Musgrave Minerals after the latter rejected an all-paper offer from Westgold.

West Perth-based junior miner Musgrave Minerals has recommended shareholders approve a takeover bid by Ramelius Resources after rejecting an earlier offer from Westgold Resources as “opportunistic”.

Lithium explorers are back in favour big-time now that prices for the key battery material are back on the boil. It means that share price gains in response to decent exploration results are amping up again, in some cases spectacularly. Wh...

Gold dips its toe below $US1900/oz, but it was too cold so it pulled back up Ora Gold scores a strike at Garden Gully Northern Stawell upgrades its gold inventory 59% Tanami to prove up more resources at its namesake gold project in the NT...

S&P ASX 200 records biggest daily gain since mid-April as investors react to CPI data Australia’s headline inflation rate in May down to 5.6% from 6.8% in April, better than forecast Investors react positive to news Ramsay Healthcare i...

ASX slides 0.29% to close at 50-day low, weighed down by Russia events and EOFY volatility Gold miners buck the trend Wholesaler Metcash announces a record FY23 with group revenue up 6.2% to $15.8 billion   Local shares hit a 50-day low t...

Local shares fell 1.6% on Thursday following a broad-brushed selloff Investors offloaded shares as Fed Chair Jerome Powell told Congress there will be more rate hikes Short selling against US stocks have now surpassed US$1 trillion   The...

The ASX lifted half a percentage point, taking its year-to-date gain to 5% Banks and tech stocks advanced Lake Resources sank 20% after providing an update on Kachi   Financial and tech stocks lifted the ASX higher by about half a percent...

  De Grey gets bigger, and bigger, and even bigger ahead of its imminent DFS Catalyst Metals has some bonkers grades coming out of the Iris deposit at Four Eagles Cue: lots of gold. Musgrave’s Break of Day gold deposit returns “excellent”...

The USD’s status as the world’s reserve currency is under attack: Goehring & Rozencwajg This could be a rocket under the price of gold, most trusted store of value across the globe for over 3,000 years Weekly Small Cap Standouts: Iceni...

The ASX climbed 0.3% on Friday, down -0.3% for the week Aussie banks have passed on the 25bp RBA rate increase to customers Aussie super funds losing money in May   Mining and Tech stocks pushed the ASX higher by +0.3% on Friday. For the...

The ASX fell -0.3% on Thursday, driven by losses in tech and real estate Traders are pricing in a July Fed rate hike Cathie Wood says the world will be talking about deflation soon   The ASX 200 was down -.02% on Thursday, with gains in E...

Junior explorer Westar Resources (ASX:WSR) is gearing up to plan its next stages of drilling at its Olga Rocks and Gidgee North projects in Western Australia. The news follows the release of fresh exploration results from both projects, wit...

Perspectives on key demand drivers and their implications for PGM demand are diverging Biggest demand sector for PGMs is auto catalysts in car exhausts which are being phased out by EVs Producers relying on an emergent hydrogen economy to...

ASX finished higher on Thursday after a soft opening Oil stocks come under pressure again as crude prices tumble The rebound in Australian housing prices is accelerating, says Corelogic report   After opening lower, the ASX200 index finis...

The ASX tumbled -1%, erasing Tuesday’s gains on shock inflation report Australian headline inflation rose in April, as traders placed bets on more RBA hikes Chinese stocks enter a bear market   The ASX fell by almost -1.5% today, erasing...

Shares finished flattish on Friday, down almost 2% for the week Tech stocks gained today on the back of Nvidia frenzy Cathy Wood missed a big chance to ride the frenzy Local shares retreated in the afternoon, and lost early gains driven b...

Gascoyne Resources burned through millions since the ill-fated opening of the Dalgaranga mine in 2017 Fresh off a $50m recap and new high grade discovery called Never Never, MD Simon Lawson says the gold explorer is finally poised to reali...

Local shares finished lower, weighed by uncertainties over the US debt ceiling Energy and gold shares lifted, while mining stocks fell RBNZ made a surprise announcement   The ASX 200 was down -0.7% on Tuesday, weighed down by Mining and H...

Victorian budget slaps levy on big businesses, likely to ensnare large miners MCA continues attack on Vic gold royalty despite near record exploration spend Materials sector falls 0.85% on falling commodity prices in early trade Miners lo...

Kalgoorlie Gold Mining has wrapped up a deal to secure a valuable swathe of the Laverton tectonic zone, north of Ramelius Resources’ 1.1-million-ounce Rebecca gold project in WA’s Eastern Goldfields.

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...

Tim Goyder could walk down the street in his home town of Perth wearing a sandwich board with his own name on it and not be troubled with a “G’day”. He might even get a few coins chucked at him. But in many crowds the 68-year-old is a rocks...

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...

Ramelius Resources has provided an exploration update on its Penny mine and other exploration projects within its portfolio of gold assets in Western Australia. The Penny gold mine is located approximately 150 kilometres south-east of the...

The ASX 200 index closed flattish on Monday Lithium stocks declined, while Elders tumbled 13pc on a huge profit miss A US default could trigger a volatility spike in the market – expert   The ASX 200 finished flat on Monday, with gains in...

The ASX finished flat on Friday, up around half percent for the week Mining stocks drag, along with QBE Insurance which warned of a higher profit Twitter will soon have a new CEO   The ASX200 index finished flat on Friday as gains in heal...

Gold sold off violently from highs in 2020 and 2022, but is holding its ground in 2023 “An important bullish signal for gold could be a weekly close above US$2035, the highest close in history”: FxPro Weekly ASX small cap standouts: Chesse...

Ramelius Resources (ASX:RMS) has begun an underground diamond drilling program for 13,000m at the Penny Gold Mine in Western Australia.  The company has already observed finely disseminated visible gold particles less than 0.5mm in early dr...

Westar Resources (ASX:WSR) is working towards planning further gold exploration drilling once a structural interpretation has been confirmed at the Mt Finnerty Joint Venture (JV) Project in Western Australia.  The Mt Finnerty JV is held by...

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...