Alkane to acquire Mandalay Resources in $358M deal
The merged company will operate under the Alkane Resources name and expects to produce 160,000 gold-equivalent ounces in 2025.
Ramelius Resources
Consolidation in Western Australian gold sector to continue amid record prices
KALGOORLIE, WA — Record gold prices have set off a flurry of mergers and acquisitions over the past year in the Western Australian gold sector, with further consolidation still ahead,…
Aus gold miner Ramelius refinances for $160M in debt
Australian gold miner Ramelius Resources (ASX: RMS) has secured a A$175 million ($160 million) revolving debt facility, along with government grants, to fund its operations and recent acquisitions. Banks including Australia and…
Ramelius takes stake in Spartan, rules out takeover
Australian gold miner Ramelius Resources (ASX: RMS) has acquired an 8.9% stake in rival Spartan Resources (ASX: SPR), which is developing the Dalgaranga gold project in Western Australia. The miners said…
Ramelius Resources secures permit for Cue gold project
Australian gold miner Ramelius Resources (ASX: RMS) has secured a key permit from the Western Australian government for the company’s Cue gold project, which paves the way for early works to…
Double gold mine buy gives Genesis Minerals critical mass Down Under
Genesis Minerals (ASX: GMD), targeting growth in Western Australia, has purchased the Bruno-Lewis and Raeside gold projects from Kin Mining (ASX: KIN) for $48 million (A$53.5 million). The acquisition boosts…
TNM Drill Down: Australia tops gold assays Sept. 1–8 with Southern Cross and Musgrave
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our data provider…
TNM Drill Down: Canada’s East Coast delivers week’s best gold assays
Our TNM Drill Down features highlights of the top gold assays of the past week (June 2 – June 9). Drill holes are ranked by gold grade x width, as…
TNM Drill Down: Ramelius at Mt. Magnet posts week’s best gold assay
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our data provider…