RMS ramelius resources limited

(Adds co statement in para 2, background in paras 3, 4) March...

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    (Adds co statement in para 2, background in paras 3, 4)

    March 28 (Reuters) - Australian gold miner Ramelius Resources (RMS) said on Thursday it had ended discussions with Karora Resources KRR.TO for a potential acquisition of the Canada-based mine operator.

    "Following its usual disciplined due diligence process, Ramelius advises that no final agreement, including on value, was reached," the company said.

    Earlier this month, Ramelius confirmed it was in talks with Karora, but did not disclose any deal value.

    However, a local news media report estimated the transaction value to be between A$700 million ($456.40 million) and A$1 billion.

    ($1 = 1.5337 Australian dollars)

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$3.61
Change
0.000(0.00%)
Mkt cap ! $6.909B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 1694 $3.89
 

Sellers (Offers)

Price($) Vol. No.
$3.43 1020 2
View Market Depth
Last trade - 09.43am 16/09/2025 (20 minute delay) ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.