News Articles

Mining 18 Mar 2013

Ramelius reviews assets to address value concerns

Gold miner Ramelius Resources has launched a strategic review of its current suite of assets, after its board of directors concluded the company's stock was significantly undervalued.

Mining 09 Oct 2012

Ramelius gives tick to Western Queen South

Ramelius Resources has given the final go-ahead for the development of its Western Queen South gold project near its existing Mt Magnet gold mine in the Mid West.

Mining 28 Aug 2012

Ramelius profit slips on lower production

Ramelius Resources has lodged a $2.3 million profit, after revenue from gold sales slipped from $147.6 million in financial year 2011 to $84.1 million in FY2012.

Mining 02 May 2012

Ramelius stocks plunge after poor report

Ramelius Resources has been savaged by investors after releasing a disappointing quarterly production report yesterday.

14 Mar 2012

Norton aims to lower costs

GOLD miner Norton Gold Fields is aiming to reduce costs at its Paddington operations near Kalgoorlie during the second half of the 2012 financial year to better compete with its low-cash peers.

Deals 01 Feb 2012

WA players work hard as foreign firms eat into the raisings pile

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.

Mining 08 Dec 2011

Ramelius acquires Barlee project

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.

Financial Services 07 Nov 2011

Ramelius announces $55m capital raising

Ramelius Resources says it will launch a $15 million share purchase plan after completing a $40 million placement to institutional investors.

18 Oct 2011

Ramelius says its not interested in Doray bid

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.

15 Apr 2011

Ramelius proceeds with 2nd gold mine

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.

Mining 17 Feb 2011

Ramelius up on pre-tax profit guidance

Shares in gold miner Ramelius Resources have jumped after it flagged a three-fold half year pre-tax profit increase.

20 Oct 2010

Record first quarter for Ramelius

Ramelius Resources has announced a "record breaking" opening quarter for the 2011 financial year with gold production increasing to 25,243 ounces.

12 Aug 2010

Ramelius surprises with $29m profit

Ramelius Resources has announced an "unexpected substantial increase" in its profits to $28.7 million for the 2010 financial year.

Mining 16 Apr 2010

Liontown, Ramelius in $7m farm-in deal

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.

12 Feb 2010

Ramelius accepts Avoca's Dioro offer

Ramelius Resources says it intends to accept Avoca Resources' takeover offer for Dioro Exploration, a miner it had recently set its acquisition sights on.

05 Feb 2010

Ramelius tips $15m H1 profit

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.

Mining 18 Jan 2010

Dioro rejects Ramelius takeover offer

Takeover target Dioro Exploration has recommended shareholders reject Ramelius Resources' offer, paving the way for rival bidder Avoca Resources to gain control.

04 Jan 2010

Dioro battle rages with new offers

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.

02 Nov 2009

Ramelius extends Dioro bid

Ramelius Resources has extended its takeover offer for Dioro Exploration by one month as it increases its interest to 29 per cent.

Financial Services 12 Oct 2009

Ramelius ramps up Dioro takeover

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.

Financial Services 22 Sep 2009

Ramelius makes Dioro bid unconditional

Ramelius Resources has declared its takeover offer for Dioro Exploration unconditional after receiving the green-light from the Foreign Investment Review Board.

Financial Services 28 Aug 2009

Ramelius offer on Dioro opening soon

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..

Financial Services 31 Jul 2009

Dioro surges on Ramelius $92m offer

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.

Financial Services 30 Jul 2009

Ramelius launches $92m bid for Dioro

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.

24 Mar 2009

Ramelius raises $13m for WA gold mine

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.

01 Aug 2006

Pioneer in options agreement with Ramelius

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.

08 May 2006

Ramelius raise funds for Kambalda gold exploration

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.

16 Mar 2006

Ramelius to begin production at Wattle Dam gold project

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.

18 Nov 2005

Ramelius goes for gold at Wattle Dam with mine plan

Ramelius Resources Ltd has given the go-ahead for mining for gold at its Wattle Dam resource near Kambalda.

News Articles for Ramelius Resources

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