RMS
Director Trades
| Date | Director | Value |
|---|---|---|
| R. Vassie | $49,946 | |
| F. Murdoch | $30,003 | |
| David Clifford Southam | $1,080 | |
| Natalia Streltsova | $3,141 | |
| Robert Scott Vassie | $9,169 |
Company News
Leeuwin Metals acquires Marda gold project in WA from Ramelius Resources
Leeuwin Metals (ASX: LM1) has entered into a binding agreement with Ramelius Resources (ASX: RMS) to acquire 100% of its Marda operations in the Western Australian goldfields. Situated 120 kilometres north of Southern Cross, Marda spans 500 sq km of granted mining, exploration and prospecting leases. The project includes eight open pits and numerous historical […]
Constellation Resources expands WA portfolio with acquisition of Ularring copper-gold project
Constellation Resources (ASX: CR1) has secured a deal to acquire the Ularring copper gold project in Western Australia from Ramelius Resources (ASX: RMS) subsidiary Breaker Resources. The project was inherited by Ramelius as part of its $130.7 million takeover of Breaker in March 2023 and is expected to be a complementary addition to Constellation’s WA […]
Ramelius Resources posts record gold production numbers in FY24
Ramelius Resources’ (ASX: RMS) rapid growth plans are well on target after the company achieved a financial year production record of 293,033 ounces. The financial year 2024 results are at the upper end of the upgraded guidance of 285,000-295,000oz and well above the original guidance of 250,000-275,000oz published in July 2023. The company told shareholders […]
Ramelius makes $130.7m takeover bid for Breaker Resources
Gold producer Ramelius Resources (ASX: RMS) has made a $130.7 million off-market takeover offer for Breaker Resources (ASX: BRB), which owns the Lake Roe gold project in Western Australia. Ramelius plans to use its financial capacity and operational experience to develop Lake Roe, which is considered to be a relatively new discovery with a global […]
Ramelius Resources breaks through 50% in Spectrum Metals takeover, declares offer unconditional
Ramelius Resources (ASX: RMS) has now acquired 50.5% of takeover target Spectrum Metals (ASX: SPX) and has made the offer unconditional with accelerated payments to accepting Spectrum shareholders. The minimum acceptance level was 50.1%. The offer has now been declared free of all defeating conditions. On 10 February, the companies announced they had entered into […]
Ramelius Resources to scoop up Spectrum Metals in another gold acquisition, Venus litigation settled
Ramelius Resources (ASX: RMS) has made another play for a Western Australian gold project after agreeing to acquire Spectrum Metals (ASX: SPX) for cash and scrip valuing Spectrum at $0.15 per share. Both companies revealed this morning a bid implementation agreement had been executed with Spectrum holders to receive one Ramelius share for every 10 […]
Explaurum directors recommend shareholders ‘accept’ improved Ramelius offer in last minute reversal
Ramelius Resources’ (ASX: RMS) last ditch bid for advanced gold explorer Explaurum (ASX: EXU) appears to have paid off with Explaurum’s board officially telling shareholders to “accept the improved offer”. Late last week, Ramelius put forward a revised final offer for Explaurum, which valued the company at $0.134 per share – up $0.02 on the […]
Tug-of-war for Explaurum continues as Ramelius Resources lobs fresh takeover bid
In a last ditch attempt, Ramelius Resources (ASX: RMS) has upped the ante in its unsolicited off-market takeover bid for advanced gold explorer Explaurum (ASX: EXU). Ramelius lobbed a revised takeover bid for Explaurum this morning that boosted its current scrip offer to $0.134 per share. According to Ramelius, this bid is its “best and […]
Ramelius Resources unveils bonanza 1,271g/t gold interval at Mount Magnet
Gold miner Ramelius Resources (ASX: RMS) has pulled up a 7m intersection grading an impressive 1,271 grams per tonne gold while drilling at its Mount Magnet gold project in Western Australia. Grade control drilling within the project’s Stella open pit has uncovered a possible high-grade ore shoot extending beyond the pit’s current design. As a […]
Explaurum’s board responds to Ramelius takeover bid with ‘take no action’
Explaurum’s (ASX: EXU) board has responded to Ramelius Resources’ (ASX: RMS) unsolicited takeover offer this morning by advising shareholders to “take no action” and saying the offer “undervalued” the company. At market open this morning, Ramelius bypassed Explaurum’s board and lobbed an all scrip takeover offer for Explaurum that valued the company at $0.123 per […]
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