Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News' 2011 survey has found.
Ramelius Resources has announced that it has agreed to purchase from Beacon Minerals an 80 per cent interest in a mining lease containing the Barlee Gold Project.
Gold producer Ramelius Resources poured cold water on talk its newly acquired stake in promising Western Australian explorer Doray Minerals foreshadowed a take-over bid.
Ramelius Resources has agreed to spend $28 million to bring the Mount Magnet operation back into production, making it the company's second producing gold mine in WA.
West Perth-based Liontown Resources has struck a $7 million farm-in arrangement with Ramelius Resources for its Mt Windsor gold project in north Queensland.
Ramelius Resources says it intends to accept Avoca Resources' takeover offer for Dioro Exploration, a miner it had recently set its acquisition sights on.
WA gold miner Ramelius Resources expects to report a $15 million net profit for the first half of 2009/10, a turnaround from the $1 million loss from the previous corresponding period.
Takeover target Dioro Exploration has recommended shareholders reject Ramelius Resources' offer, paving the way for rival bidder Avoca Resources to gain control.
Dioro Exploration shareholders have been advised to take no action after gold producer Avoca Resources sweetened its takeover offer on December 29 with a new offer valued at $115 million.
Ramelius Resources' takeover bid for Dioro Exploration is gaining momentum with the Adelaide-based company boosting its shareholding by more than 9 per cent and extending the offer by three weeks.
Ramelius Resources has declared its takeover offer for Dioro Exploration unconditional after receiving the green-light from the Foreign Investment Review Board.
Ramelius Resources is pressing ahead with its takeover offer for WA goldfields neighbour Dioro Exploration, even though Avoca Resources has snared 44 per cent of Dioro..
Shares in Dioro Exploration have surged as it urges shareholders take no action on Ramelius Resources' $92 million all-scrip takeover bid, a higher offer to Avoca Resources' recommended proposal.
Avoca Resources' recommended takeover offer for Dioro Exploration has been trumped by Adelaide-based Ramelius Resources, which today launched a superior $92 million all-scrip offer for the gold miner.
Ramelius Resources says funds from a successful $13.4 million raising will be applied towards expansion works at its Wattle Dam gold operation in Western Australia.
Kalgoorlie-based nickel explorer Pioneer Nickel Ltd has signed an options agreement with South Australian gold explorer Ramelius Resources Ltd, to mine Pioneer's Wattle Dam and Larkinville projects.
Gold producer and nickel explorer Ramelius Resources Ltd's $2.4 million share purchase plan has closed early, with $1.2 million earmarked for exploration of its open-pit gold mine near Kambalda in Western Australia.
Australia has a new gold miner, with former explorer, Ramelius Resources Ltd announcing today the start of mining at its Wattle Dam gold deposit near Kambalda in Western Australia.
