Ramelius to double exploration budget
Mid-tier gold miner Ramelius (ASX:RMS) plans another boost in exploration spending in 2024-25 as it looks to confirm new reserves around its core Mount Magnet area in Western Australia.
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Ramelius Resources reports record revenues
Ramelius Resources (ASX:RMS) as confirmed that the 2023-24 financial year was a ‘golden year’ for the miner, with expectations of another strong year ahead, as it revealed record revenues and earnings for the 12 months to June.
Read MoreGold Road sees revenue decline amid Gruyere Mine challenges
A different profit story for Ramelius (ASX:RMS) compared to Gold Road Resources (ASX:GOR), but only due to the way the company’s 50% owned Gruyere mine was significantly impacted by the wet weather across the WA goldfields during the first four months of this year.
Read MoreGold price boost fails to ignite Ramelius
Despite a less than exciting lift in production guidance for 2024-25, Ramelius Resources (ASX:RMS) shares rose 3% at one stage yesterday as world gold prices surged during Asian trading, once again reclaiming the US$2,400 level.
Read MoreRamelius prepares to move on Spartan
Updates continue to emerge from Ramelius Resources (ASX:RMS) as it prepares for a move on the now partly owned Spartan Resources.
Read MoreRamelius unveils plans for third million-ounce mine
Ramelius (ASX:RMS) announced that it will now have a third million-ounce mine project at its Mt Magnet area of interest in WA’s midwestern goldfields.
Read MoreWestgold acquires Karora Resources amidst gold sector takeover
In a recent development within the gold sector, Westgold Resources (ASX:WGX) has announced its acquisition of Kinora Resources, merely 11 days after Ramelius Resources (ASX:RMS) abandoned its pursuit of the Canadian-based Australian gold company.
Read MoreRamelius Resources: Shining bright in the gold market surge
Ramelius Resources shines in the gold market surge with record-breaking production and lowered costs, poised for strong financial growth.
Read MoreRamelius Resources abandons Karora takeover plans as gold output surges
Ramelius Resources (ASX:RMS) sees record gold output in Q1, surpassing expectations. Decision to abandon Karora takeover plans disclosed amidst soaring revenues.
Read MoreRamelius Resources unveils 10-year mining plan
Ramelius Resources (ASX:RMS) recently unveiled a comprehensive 10-year mining plan for its flagship Mt Magnet operation in Western Australia.
Read MoreRamelius Resources eyes takeover target
Ramelius Resources (ASX:RMS) appears to embrace the adage "a takeover a year keeps the wolves at bay," as evidenced by its latest development.
Read MoreGold price surge boosts Ramelius Resources profits
As expected, the late burst in gold prices in the final quarter of 2023 helped mid-tier gold group Ramelius Resources (ASX:RMS) achieve a 42% jump in interim profit.
Read MoreRamelius Resources raises 2024 production guidance
Unlike Gold Road Resources (ASX:GOR), which surprised investors with a cut to its 2024 production guidance, Ramelius Resources (ASX:RMS) has increased its guidance for the year ending in June.
Read MoreRamelius Resources boosts 2023-24 exploration spending for reserves
Ramelius Resources (ASX:RMS) intends to increase exploration spending by 20% in 2023-24 as it strives to transform resources into reserves.
Read MoreRamelius Resources doubles annual dividend
Ramelius Resources (ASX:RMS), amidst a robust performance in the fiscal year 2022-23 despite industry-wide cost pressures, has increased its annual dividend to 2 cents per share.
Read MoreRamelius swoops in on Musgrave Minerals
04 Jul 2023 – Ramelius Resources has swooped in and snatched Musgrave Minerals after the latter rejected an all-paper offer from Westgold.
Read MoreGold Sector Gossip: RMS, NCZ
On the same day cost concerns caused Ramelius to halt expansion of a gold mine in WA, New Century was talking up bringing an old one in Tasmania back to life.
Read MoreTough Week for Some Local Gold Producers
The past week has seen the Australian gold sector spring a leak, with three good producers revealing unexpected operational problems, catching investors on the hop.
Read MoreRMS – Morgans rates the stock as Add
The broker maintains its Add rating and lowers its target price to $2.05 from $2.24.
Read MoreRamelius Hangs Missed Guidance on Mother Nature
WA’s wet autumn and early winter has been blamed for Ramelius Resources missing its June quarter and its upgraded financial year gold production guidance.
Read MoreRMS – Morgans rates the stock as Add
Morgans updates estimates to also reflect the strong run in the gold price since the last update. The company’s extra detail is considered conservative but overall the increased estimated production should leave room for a mine life extension.
Read MoreRamelius Resources – ShareCafe Gold Miners Leading The Way Webinar Presentation
Mark Zeptner MD of Ramelius Resources presents at the ShareCafe Mid-Cap Gold Miners Leading The Way Webinar on July 3, 2020. Ramelius currently operates the Mt Magnet, Vivien, Edna May and Marda gold mines and associated processing plants around Western Australia. The Company has enjoyed significant success in recent years with increased gold production and the addition of new assets including the Marda and Tampia Hill gold projects, both also in WA.
Read MoreSniffing Out Golden Opportunities On The ASX
Bullion’s romp beyond the record $2000 an ounce level in Aussie dollar terms has prompted investors to take a closer look at the pantheon of ASX-listed local gold producers – despite some problems in the mid-tier that have tarnished the sector.
Read MoreSpring Air Brings A Whiff Of Takeover Fever To The Junior Gold Sector
Folks are wondering if Ramelius’ (RMS) switch to Pac-Man mode this week signals the start of a wave of merger and acquisition activity in the junior gold space.
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