Ramelius Resources (ASX:RMS) is an established Western Australian gold miner which owns and operates two production and processing hubs at Mt Magnet and Edna May. It also mines and hauls ore from its ‘satellite’ operations and is currently developing its Rebecca/Roe and Cue gold projects. The company recently announced a transformational merger with fellow ASX-listed gold outfit Spartan Resources (ASX:SPR), which is set to create a leading Western Australian gold producer with significant exploration upside. Ahead of appearing at the Noosa Mining Conference, Ramelius Resources managing director and CEO, Mark Zeptner, joins Lel Smits from The Stock Network.
1. Strategic rationale for Spartan merger
Ramelius Resources recently announced the merger with Spartan Resources in a deal that values the combined group at more than $4 billion. What is the strategic rationale behind this tie up?
2. Expanded production profile and exploration upside
In FY24, Ramelius Resources produced about 300,000 ounces of gold from its existing operations. How does the marriage with Spartan impact your future production profile and growth potential?
_ _ _
Subscribe to TSN’s YouTube channel for the latest stock content: https://www.youtube.com/channel/UCEEVNCMFSRxFa0Bb2wKLS0g?sub_confirmation=1
_ _ _
Follow TSN for the latest stock news and interviews:
Twitter: https://twitter.com/thestocknet
Instagram: https://www.instagram.com/thestocknetwork/
LinkedIn: https://www.linkedin.com/company/the-stock-network/
TikTok: https://www.tiktok.com/@thestocknet?lang=en
Facebook: https://www.facebook.com/TheStockNet/
_ _ _
Connect with our host Lel Smits online – @LelSmits
– Twitter / X: https://twitter.com/lelsmits
– Instagram: https://www.instagram.com/lelsmits/
– LinkedIn: https://www.linkedin.com/in/leldesmits/
– TikTok: https://www.tiktok.com/@lelsmits?lang=en
– Facebook: https://m.facebook.com/lelsmits/
– Threads: https://www.threads.net/@lelsmits
_ _ _
Disclaimer
The material contained in this post is general in nature only and does not constitute personal financial or legal advice. None of our material should be regarded as advice and you should not rely on any of the content of this post without first obtaining specific professional advice. We give no warranty to the accuracy, reliability or completeness of information that is contained in this post and exclude liability for any loss.
This post may contain views and opinions which are those of the authors and do not necessarily reflect the official policy or position of any other author, agency, organisation, employer or company. We are not liable for any comment published by users and reserve the right to delete any comment for any reason whatsoever. We have commercial relationships with some of our contributors, and we may receive payment or other benefits from this post. Please see The Stock Network website for our full content disclaimer.
_ _ _
Visit TSN’s website to sign up for regular stock updates: https://www.thestocknetwork.com.au
_ _ _