Latest Ramelius Resources (Asx:Rms) News

Ramelius Resources delivered a landmark FY25 with soaring profits, record gold output, and a transformative acquisition of Spartan Resources, setting the stage for a new growth phase.

Ramelius Resources has finalized its acquisition of Spartan Resources, issuing new shares and cash to Spartan shareholders while expanding its board and asset portfolio. This move aims to accelerate Ramelius' growth toward becoming a half-million ounce gold producer within five years.

Ramelius Resources has finalized its acquisition of Spartan Resources through a scheme of arrangement, leading to Spartan’s delisting from the ASX and share transfers to Ramelius shareholders.

Ramelius Resources delivered record FY25 gold production and free cash flow, surpassing guidance, while finalising its transformative acquisition of Spartan Resources. The company is ramping up exploration and integration efforts to target half a million ounces annual production by FY30.

Ramelius Resources has completed its acquisition of Spartan Resources through a court-approved scheme, issuing new shares that start deferred trading ahead of normal settlement next week.

Ramelius Resources has officially withdrawn its conditional takeover bid for Spartan Resources following court approval of a competing scheme of arrangement, setting the stage for Spartan’s shares to be acquired under the scheme.

Spartan Resources shareholders have overwhelmingly approved Ramelius Resources’ proposed acquisition scheme, clearing a major hurdle toward the deal’s completion. The transaction now awaits final court approval before implementation.

Ramelius Resources has delivered a record-breaking 301,664 ounces of gold in FY25, surpassing guidance and generating robust free cash flow, while advancing its strategic acquisition of Spartan Resources.

Ramelius Resources has obtained regulatory relief from ASIC, extending the deadline to make its takeover offer for Spartan Resources by an additional 31 days, a move that could influence the pace and outcome of the acquisition.

Ramelius Resources delivered a record underlying free cash flow of A$223 million in the March 2025 quarter, upgraded its full-year gold production guidance, and advanced a transformational acquisition of Spartan Resources to create a leading Australian gold producer.

Ramelius Resources will release its half-year financial results for FY25 on 21 February, accompanied by a detailed investor conference call.

Ramelius Resources delivered a robust December 2024 quarter with record underlying free cash flow of A$174.5 million and gold production of 85,311 ounces, maintaining full-year guidance while advancing key projects and expanding its management team.