Articles On Ramelius Resources (ASX:RMS)

New Hope Corp posts $1.56 billion in unaudited FY22 EBITDA as coal prices power mega profits Ramelius Resources sinks on profit downgrade and uncertainty at Edna May gold ops   We don’t think coal miners were the heroes on the minds of St...

Aussie shares started the week in retreat amid fears of a broader pullback on equity markets as central banks wage war on inflation at the risk of economic growth. The S&P/ASX 200 fell 45 points or 0.63 per cent by mid-session. The d...

Shares in Ramelius Resources sunk nearly 5 per cent on Monday morning after the gold miner revealed a hit of up to $84.7 million on its full year results to be released in a week’s time.

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

Javelin Minerals (JAV) increases the mineral resource estimate (MRE) for its Coogee project by 1400 per cent in tonnage and 350 per cent in contained metal The project’s MRE stands at 1.42 million tonnes at 1.07 g/t gold for 49,000 ounces...

Aussie miners hauled in a record $414 billion in export revenue over the past 12 months Miners lift as gold hits month high on safe haven buying   Aussie miners continue to enjoy the fruits of strong international markets after pulling in...

Highlights The ASX 200 benchmark index increased 0.58% to end at 7,015.60 points today (August 5). Top performing stocks featured Novonix and Liontown Resources. Materials was the best performing sector today, gaining 1.70%. Gains...

The S&P/ASX 200 Index (ASX: XJO) finished the week on a high note, lifting alongside materials shares. The index was 0.58% higher at 7,015.60 points as of Friday’s close. That’s also 1.01% higher than it was at the end of last week...

The ASX 200 booked a third week of gains with its first close above 7000 in seven weeks. The Australian benchmark overcame mixed leads from Wall Street to advance 40.7 points or 0.58 per cent to 7015.6. The rally sealed a weekly gain...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

The share market pushed towards a third straight weekly advance as gains in miners helped offset a six-month low in oil and a weak trading update from Afterpay’s US parent company. The S&P/ASX 200 climbed 26 points or 0.37 per cent b...

ShareCafeLunch Report: 5 August, 2022 by Tim McGowen   Gold stocks are stronger across the board as the price of gold reaches one month highs as the $US weakens and geopolitical tensions rise with China & Taiwan. The annual Diggers &amp...

Gold prices continue to surge after finding a bottom last month. The yellow metal now trades at US$1,791 per troy ounce. A wave of macroeconomic crosscurrents is lifting the gold price this month after traders had sold it down to 52-week...

World Overnight SPI Overnight 6896.00 – 11.00 – 0.16% S&P ASX 200 6998.10 + 5.10 0.07% S&P500 4091.19 – 27.44 – 0.67% Nasdaq Comp 12348.76 – 20.22 – 0.16% DJIA 32396.17 – 402.23 – 1.23% S&P500 VIX 23.93 + 1.09 4.77...

Northern Star says there is decades ahead for Kalgoorlie’s historic Super Pit St Barbara and Gold Road face big questions over M&A chatter Paddy Hannan, Dan Shea and Tom Flanagan stumbled on the golden rocks that would become Kalgoorl...

The S&P/ASX 200 Index (ASX: XJO) defied its earlier downturn to close higher after the Reserve Bank of Australia (RBA) lifted interest rates for a fourth consecutive month. The index was 0.07% higher at 6,998.10 points at Tuesday’s c...

The share market rose for a sixth session after the Reserve Bank raised its key rate by 50 basis points for a third straight month.   The S&P/ASX 200 flipped an early 48-point fall into a gain of five points or 0.07 per cent. The ind...

World Overnight SPI Overnight 6880.00 – 21.00 – 0.30% S&P ASX 200 6993.00 + 47.80 0.69% S&P500 4118.63 – 11.66 – 0.28% Nasdaq Comp 12368.98 – 21.71 – 0.18% DJIA 32798.40 – 46.73 – 0.14% S&P500 VIX 22.84 + 1.51 7.08...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Ramelius Resources has produced 258,625 ounces of gold for FY22, just above the minimum limits of guidance (255,000—260,000oz), with an AISC of $1523/oz, conversely at the high end of guidance ($1475—1525/oz). Ramelius owns and operates the...

Ramelius Resources has blamed declining grades and inflationary pressures for an unexpected jump in cost guidance from its WA gold operations.

Cameco boss Tim Gitzel says there’s “no solution without nuclear” as green energy and Russian sanction put rocket up uranium market Aussie uranium stocks move higher on positive chatter Gold miners report as prices lift overnight despite 0...

Highlights: The Australian Stock market has opened higher, up 0.75% to 6874.60 at 10:25 AM AEST. The upbeat momentum at Wall Street likely pushing ASX200 up on the charts. In last five trading days, ASX200 has gained 1.18%. The be...

Highlights: The Australian Stock market has opened higher, up 0.75% to 6874.60 at 10:25 AM AEST. The upbeat momentum at Wall Street likely pushing ASX200 up on the charts. In last five trading days, ASX200 has gained 1.18%. The be...

The S&P/ASX 200 Index (ASX: XJO) enjoyed a second day in the red on Wednesday despite materials shares weighing on the market. The index was 0.23% higher at 6,823.20 points at today’s close. That was despite news Australia’s consu...

The share market climbed to a fresh six-week high on hopes inflation may have peaked. The S&P/ASX 200 rose 16 points or 0.23 per cent as bond traders downgraded the likely top of this year’s interest rate cycle. The high-street ba...

There’s never a bad time to hit high-grade gold in WA’s Goldfields. But as a high-profile mining boss looks to build an empire, hits like those recently reported by Carnavale Resources look particularly juicy. An active WA junior explorer...

Air-core drilling by Javelin Minerals at its Coogee gold project in WA’s Goldfields has landed encouraging assay results over a 1.5km trend, only 5km west from where Ramelius Resources ran its Coogee West mine.

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

Musgrave Minerals is fast approaching its 1 million ounces target for the Cue Gold Project after reporting its latest high-grade gold assay results. Even better, the results come from outside the current Mineral Resource Estimate boundaries...

ShareCafeBizarre Love Triangle Afoot in Aussie Gold Space Marriage, WA gold mining style, was on display on the ASX yesterday with two weak members of the herd targeted by an aggressive smaller predator in what could end up as a three-way m...

ShareCafeChallenges Abound for Local Resource Sector Rain, floods, Covid, the Russian invasion of Ukraine, supply chain obstacles, inflation and rising costs have eaten into the bullish estimates for Australia’s exports of energy and minera...

Highlights ASX 200 kicked off the new financial year on a lower note, dropping 0.4% by market close. Energy and materials stocks dragged ASX 200 lower affected by commodity blues. Australian dollar hit a two-year low while US dollar e...

ASX 200 pulls up lame after a solid early morning run Energy and Materials limp like beaten favourites back to the dog house Oceana Lithium becomes a bookie’s bestie, rocketing up the charts on debut   It all looked so promising this morn...

ASX finished Friday flat 9 out of 11 sectors rose, but Energy fell by 2.5% as oil prices dip in Asian hours Australia’s home prices fell by 0.6% in June according to CoreLogic   Local shares struggled to make any grounds today, finishing...

In this week's Weekly Insights:-Balancing Between Opportunity & Risks-Conviction Calls-FNArena TalksBy Rudi Filapek-Vandyck, Editor FNArenaBalancing Between Opportunity & RisksIf there is one strong universal agreement among investo...

ShareCafeEvolution Slammed 20% as Regression Sets In Last week we saw surprisingly bad reports from gold miners Dacian, St Barbara and Ramelius Resources. Monday, the much larger gold and copper miner Evolution Mining followed with very wea...

Powerful rebounds in beaten-down banking and technology stocks powered the share market to its second-largest gain of the year as interest rate worries temporarily subsided. The S&P/ASX 200 surged 127 points or 1.94 per cent to its h...

A broad rally propelled the share market towards a third day of gains as easing commodity prices and weak economic signals soothed fears about global inflationary pressures. The S&P/ASX 200 jumped 116 points or 1.76 per cent by mid-s...

ShareCafeTough Week for Some Local Gold Producers It’s fair to say the local gold sector has had better weeks. Three of its constituents in particular. Updates from Dacian Gold, St Barbara and Ramelius Resources this week contained the sort...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

A literal series of unfortunate events has forced Ramelius Resources to lower its gold production estimate for FY22. The company reported that due to more persistent rain than forecast on some of the haulage routes to both the Mt Magnet and...

Highlights ASX 200 regained 0.31% today, thanks to a push from REITs and healthcare stocks. Blackmores Limited from healthcare was the top gainer, while gold miner St Barbara lost most. Inflation and recessionary concerns seem to be w...

A WA parliamentary inquiry into sexual harassment in the FIFO mining industry has issued a damning report into the sector 24 recommendations include a call for WA’s mines department to introduce a system to stop offenders popping up on new...

Aussie stocks logged their second rise in three days as a decline in bond yields encouraged buyers to scoop up companies offering superior returns. The S&P/ASX 200 climbed 20 points or 0.31 per cent.   Today’s rally was only the s...

Australian shares rose for only the second time in two weeks as rebounds in property landlords and banks offset pressure on commodity stocks. The S&P/ASX 200 climbed 18 points or 0.28 per cent by mid-session. Bond proxies such as...

Shares in Ramelius Resources plunged 10 per cent in morning trade on Thursday after the company announced it was downwardly revising full-year 2021-22 production guidance because of a cocktail of pressures.

The Ramelius Resources Limited (ASX: RMS) share price is trading 8% lower today at $1 apiece. Investors are selling the $945 million company by market cap following a company announcement on its gold production estimate for FY22. What d...

Ramelius Resources (RMS) will not reach its gold production guidance for the 2022 financial year and says it expects costs to land in the higher end of its predicted range The company blames issues such as persistent rain, COVID-19-induced...