Articles On Ramelius Resources (ASX:RMS)

The share market gave up much of its gains for the week after rising tensions between Ukraine and Russia dragged Wall Street lower. The S&P/ASX 200 fell 48 points or 0.66 per cent to 7248. The decline slashed the benchmark’s tally fo...

It was mostly about corporate earnings today as investors digested a smorgasbord of half yearly results from some of the bigger names. As the dust settled, the ASX 200 was up 1%, in line with movements seen on Wall Street overnight. Healthc...

Market darling Liontown (ASX:LTR) has signed a sales agreement with Tesla for the supply of lithium spodumene concentrate from its new $473 million Kathleen Valley Project in WA. From 2024, Tesla will purchase 100,000 dry metric tonnes of s...

Highlights The ASX 200 closed 0.3% higher with energy stocks rising on a 7-year high for oil of $US96 per barrel. Asian stock markets fell, and oil prices rose amid concern about a possible Russian invasion of Ukraine. The global cryp...

Local shares moved higher today. Investors took to safety, betting on gold producers on concerns that Russia may invade Ukraine this week. Aussie gold stocks buoyed the ASX 200, which closed 0.28% higher, defying Wall Street as well as othe...

Aussie shares overcame weak leads and early pressure to start the week higher as geopolitical concerns stoked a “gold rush” in mining stocks. The S&P/ASX 200 finished with a gain of 27 points or 0.37 per cent. A see-saw session saw t...

The S&P/ASX 200 Index (ASX: XJO) has managed to shrug off its earlier losses to be up 0.21% in late afternoon trading. But ASX 200 gold shares are having a much better day. In fact, 3 of the top performing shares on the index today are...

Gold miners woke up bright eyed and bushy tailed on Monday as a ~3% charge in gold prices to around US$1860/oz led to passionate buying from investors. It came off the back of news US inflation had risen to levels not seen in 40 years, topp...

Highlghts The benchmark ASX 200 was trading 0.26% or 18.5 points lower at 7,205.7. Wall Street stocks closed sharply lower on Friday, as investors fretted about rising geopolitical tensions. . The healthcare sector was the worst-perfo...

Just like Albert the “Magic Pudding” there seems to be no end to the near-surface high-grade gold being uncovered by Musgrave at its Cue project in WA’s gold-rich Murchison region.   Drilling of the newly discovered ‘Mosaic’ lode at Musgrav...

Joint venture partner Ramelius Resources unearthed the bonanza gold hits during a maiden RC drilling campaign at the Southern Cross project.

By Greg Peel Bottoms Up I The bell was rung on the bourse as the ASX200 hit the -10% correction mark on Thursday. Wall Street gave back a big early jump to close slightly lower on Thursday night, but the S&P500 also held on to the -10%...

Key points The Ramelius share price sank 8% today Investors did not warm to the company’s quarterly results Gold production at its Western Australian mines was at the lower end of the guidance The Ramelius Resources Ltd (ASX: RMS) s...

Despite tumbling 3.46% over the course of a bad week the material sector joined the rest of the ASX 200 in recovery mode today. The TGIF vibes were palpable as big gains for Rio Tinto (ASX:RIO) and BHP (ASX:BHP) led the big mining stocks to...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

We’ve all gone a little bit crackers on Friday – or as the Kiwi’s like to say in French – un peu fou de fafa. Trading volumes – unless I’m drunk – are about double what they usually are. Wait… 95% above the 20-day moving average. It’s a lot...

Key points The Boral share price has gained 4.8% on Friday to trade at $5.95 This might be due to the broader market’s performance today, as well as the materials sector’s increase The gain could also be a response to the stock’s recent s...

Ramelius Resources boss Mark Zeptner has described the shortage of truck drivers in WA as “parlous” with the State’s delayed border re-opening and 14-day quarantine periods worsening the crisis.

So far shielded from the worst impacts of the Covid-19 pandemic, the emergence of the Omicron strain in Western Australia has raised the prospects of supply disruptions in some of the world’s largest commodity markets. That could see upward...

Highlights The benchmark ASX 200 rallied 1.58% or 108 points to 6,940 in the first 15 minutes of trading. Wall Street raced higher in opening session on Thursday, with a broad rally reversing by mid-afternoon. 10 out of the 11 sectors...

Aurum Resources has launched a 5,000 metre drilling assault of the Penny South project in WA targeting structural anomalies that bear similarities to the nearby high-grade Ramelius Resources owned mines.

Aurum Resources (AUE) commences reverse circulation (RC) drilling program at its flagship Penny South gold project in Western Australia The company says Penny South occurs on the same shear structure as Ramelius Resources’ (RMS) Penny West...

Fears of a market meltdown subsided early today as the ASX 200 fell by just 0.5%, lifted by the bounce back in US stock futures in Asian trading. A rush of US earnings reports in the next few days, along with the two-day Federal Reserve mee...

Highlights Today, the ASX 200 closed sharply lower; the broad-based decline was led by the materials and energy sectors. Asian share markets and US futures also fell. The global crypto market cap tanked more than 5%. Today, the AS...

The ASX 200 still struggled for clear direction on Thursday, but a bit of risk appetite returned in afternoon trade that saw the index close in positive territory with a gain of 0.14%. The resources and materials indexes did all of the heav...

A last hour selloff saw the ASX 200 closing lower by around 1% today. This followed a rocky session in New York overnight, where all major US stock market benchmarks fell sharply on the back of rising US bond yields. The benchmark 10-year T...

Supercharged commodity prices are prompting analysts to revise their forecasts upwards, with RBC Capital Markets the latest to take a more bullish view on the metals complex. The Canadian investment bank has dropped its views and prediction...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Kalgoorlie Gold Mining (KAL) begins assessments on Pinjin and Ninga Mia projects in the Eastern Goldfields region to define potential gold mineralisation for drill testing The Pinjin project’s initial assessment is underway, following alon...

Prices for cobalt (+11.5%), graphite (+1.8%) and lithium (who even knows) continue rising into the New Year Customers turn to the next class of lithium producers to secure future supply Vulcan, Lepidico and Liontown the latest ASX stocks t...

The first trading day of 2022 saw the ASX 200 surging by 2% to its highest level since August. All eleven sectors were in the green, with the Energy sector rising by more than 3.4, and Mining up 2.2%. The Energy sector was buoyed by coal st...

The Northern Star Resources Ltd (ASX: NST) share price is having a poor start to 2022, plunging lower on its first day back. The dip follows on from a 2% gain on New Year’s Eve and follows the price of gold’s recent slip. At the time of wr...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

It was the last full trading session for the ASX in 2021, and the local benchmark index closed flattish, just 0.04% higher at 7,512. The move followed S&P 500’s 70th record close overnight, with the Dow Jones also hovering at all time h...

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Large caps stayed in the Christmas spirit to end the week, as the ASX 200 booked its fourth straight gain with a measured increase of around 0.3%. Gold stocks were some of the few companies to underperform, as the big banks all climbed stea...

Federal Government forecasters say there are $185 billion worth of major Australian projects in hydrogen, carbon capture and storage and ammonia in the pipeline. On numbers contained in the 2021 Resources and Energy Major Projects Report by...

Former producer Altura has a couple of new lithium exploration projects Maximus Resources hits visible gold Revolver uncovers ‘high priority’ copper anomaly at Diane project Here are the biggest resources winners in early trade, Wednesday...

Roy Hill has signed MACA to a $70 million mining services contract at its namesake iron ore operations in Western Australia’s Pilbara region. The contract has marked a significant milestone for MACA, taking its contract pipeline to $3 billi...

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

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...