News Articles for Ramelius Resources

Shares in goldminer Ramelius Resources rose early on Wednesday, following news that the company's board had approved a $250 million share buyback program.

GOLD WRAP: Ramelius grade drops; strong quarter for Forrest-backed Greatland; Perseus cash and gold above $1.2 billion.

Despite a bumper year for the goldminer, Ramelius Resources boss Mark Zeptner has assured shareholders that the company will not rest on its laurels.

Listed contractor Perenti's underground mining division Barminco has secured a $300 million contract from Ramelius Resources at its newly acquired Dalgaranga gold asset.

Sweeping reforms to competition law will reshape how Australian companies undertake M&As.

Analysis: Record margins and bustling cash and bullion balances have Western Australia's goldminers up and about, but labour pressures and inflation are appearing on the radar.

Diggers & Dealers' anticipated digger of the year award has gone to Ramelius Resources, while De Grey Mining has notched deal of the year as the golden run continues.

Goldminers are increasing the scale and size of their operations amid a record price environment fuelled by geopolitical tensions and economic uncertainty.

A bonanza gold price has not dampened the appetite for discussion around mergers and acquisitions in the current market, with some more willing to comment than others.

Nuclear advocate Aidan Morrison has fired a shot at Andrew Forrest on the first morning of the Diggers & Dealers Mining forum, accusing the billionaire of “virtue signaling”.

Defence and gold drove the growth in value of Western Australia's listed companies last financial year, fueled geopolitical uncertainty and economic instability.

Ramelius Resources has completed its $2.4 billion acquisition of Spartan Resources, putting a full-stop on the turnaround at the Dalgaranga mine owner and a step-change for its buyer.

GOLD WRAP: Capricorn Metals received approval to expand its Karlawinda project, while Ramelius Resources and Ora Banda Mining delivered new numbers.

GOLD WRAP: Northern Star Resources' flagship Kalgoorlie Consolidated Gold Mines missed its revised full-year sales target, while Ramelius Resources hit a major milestone for the first time.

Gold's recent record price run has put a spotlight on two billion-dollar Pilbara gold projects amid a flurry of activity.

As it moves closer towards a likely merger with goldminer Ramelius Resources, gold developer Spartan Resources has taken steps to further enhance its flagship asset.

Goldminer Ramelius Resources achieved a record underlying free cash flow of $223 million during the March 2025 quarter, up from $174.5 million from the previous quarter.

Stocks in Western Australian gold producers are rallying as the price for the precious metal holds strong above $US3,000 per ounce amid a flurry of M&A activity.

Goldminer Ramelius Resources has made a long-rumoured $2.4 billion move for developer Spartan Resources, with a vision to create a 500,000-ounce gold producer by 2030.

The price of gold saw out the work week above US$3,000 per ounce, driven to all-time highs amid a bull run fueled by global economic and geopolitical uncertainty.

Ramelius Resources unveiled a vision to keep the mill at its Mt Magnet production hub full for 17 years, but its share price plummeted in response to the news this morning.

High grades delivered Ramelius Resources a profit record in the first half of the financial year, with the company delivering 19 per cent more gold despite mining significantly less ore.

A new record Australian dollar gold price greeted local producers this morning, as companies including Vault Minerals and Ramelius Resources outlined their growth ambitions.

Gold Road Resources has reported a 27 per cent quarter-on-quarter hike in the value of its listed investments but remains tight-lipped on whether it will make a move for De Grey Mining.

Goldminer Catalyst Metals has cleared $36 million worth of inherited debt, riding the wave of gold price momentum which has led to a flurry of activity in the sector this week.

Spartan Resources interim executive chair Simon Lawson says the company’s $220 million capital raise will ensure it remains on course for a potential positive FID at Dalgaranga next year.

Gold miner Ramelius Resources has made a series of additions to its management team, as it strives for further growth.

Spartan Resources will tap the market for as much as $220 million, fresh off an upgrade to the mineral resource at its Dalgaranga project in the Murchison region.

This week's Bulls N' Bears Runner of the Week is … Merino & Co. The Perth-based branded lifestyle clothing and accessories business caused a stir following its ASX debut just last week. Hitting the boards for the first time at 20c per share the company surged to $1.50 this week, some 650 per cent, prompting some please explains from the ASX overlords.

In this edition of Bulls N' Bears Big Hits, we examine some of the more notable drill intercepts revealed on the ASX, including African Gold's 33m at 2.4g/t gold at its Didievi project in Cote d'Ivoire. We also take a close look at other interesting drill hits from last week as reported by Nexus Minerals and Great Southern Mining, both from WA's Goldfields region.

Kalgoorlie Gold Mining is spreading its exploration wings at its Pinjin project in WA to test new targets next to existing prospects in the southern part of the area's prospective Laverton Tectonic Zone. The company has lined up air-core drilling at two targets named Kirgella East and Kirgella West, which are respectively centred 1200m north-east and north-west from its combined Kirgella Gift and Providence prospects.

Javelin Minerals' reinterpretation of data from its Coogee project in Western Australia's Goldfields region has thrown up a tantalising exploration theory that it is now primed to test with the drill bit. The company plans to determine if a magnetic anomaly lurking just 300m from an old open pit at the site is a potential repetition of the historic lode.

The number of women running ASX300 companies has stagnated in the past year with a survey also showing multiple WA companies have no women in their executive leadership group.

Ramelius Resources made three unsuccessful attempts to acquire Westgold Resources between October 2023 and April 2024, the Takeovers Panel has revealed.

Javelin Minerals has increased the JORC resource estimate for its Coogee gold-copper project near Kambalda in WA by 158 per cent to 3.65 million tonnes at 1.08g/t gold and 1.01 million tonnes at 0.41 per cent copper. The significant upgrade relates to a revised gold content of 126,685 ounces and was determined from an independent review of historic estimates, assumptions and drilling.

GOLD WRAP: Ramelius Resources has increased its profit 250 per cent year-on-year, bringing in almost $220 million last financial year as it rode a wave of record gold prices and low costs.

Kalgoorlie Gold Mining is all cashed up and raring to rip into a new air-core drilling program to follow up shallow gold targets identified in its first probing of the Wessex deposit within its Pinjin project in WA. The program will entail 4500m of AC drilling in KalGold's bid to further assess results from Wessex just three months ago that included 28m at 1.27g/t gold.

Renewable energy developer PWR Hybrid has been contracted by Ramelius Resources to build and operate a hybrid power station at its Mt Magnet mine.

Remarks by Wayne Bramwell to Business News this time last year have proved somewhat prophetic, considering recent events in the Western Australian gold sector.

Ramelius Resources boss Mark Zeptner says he has moved on from the Westgold-Karora takeover saga but remains unhappy with the way the Takeovers Panel handled the situation.