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Ramelius Resources Ltd (RMS.AX)

RMS.AX on Australia Stock Exchange

27 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Maximus Resources says full refurbishment of Burbanks facility to be completed within weeks
Thursday, 9 Mar 2017 05:34pm EST 

Maximus Resources Ltd : Reached an agreement with Ramelius regarding deferred payment schedule for acquisition of Burbanks gold processing facility . Has been agreed by both parties to extend deferred acquisition payment of $1 million to 4 quarterly payments . "revised payment schedule minimises maximus' immediate cash drawdown" .Full refurbishment of Burbanks facility to be completed within weeks.  Full Article

Liontown Resources agrees to acquire WA Lithium Project
Wednesday, 3 Aug 2016 07:30pm EDT 

Liontown Resources Ltd : Liontown agrees to acquire WA Lithium Project . Liontown will from completion acquire all of Kathleen Valley Mining leases by issuing 25 million fully-paid shares to Ramelius . Says LTR will issue 25 million fully paid shares to RMS to acquire the mining leases .Entered into a binding, conditional agreement with Ramelius Resources.  Full Article

Ramelius Resources announces June quarter production, forecasts
Monday, 25 Jul 2016 10:16pm EDT 

Ramelius Resources Ltd : June quarter group gold production of 32,752 ounces . Annual group gold production for FY 2017 full year is expected to be 135,000 ounces at AISC of a$1,050/oz (US$787/oz) . Group gold production for September 2016 quarter is expected to be 31-35,000 ounces at aisc of about a$1,100/oz (US$825/oz) . Says gold sales for the June 2016 quarter were A$56.6 million . Says production levels are expected to show a slight increase from H1 to H2 .  Full Article

Ramelius Resources sees FY17 gold production at 135,000 ounces
Wednesday, 6 Jul 2016 07:54pm EDT 

Ramelius Resources Ltd : Ramelius exceeds production guidance - June 2016 quarter . Group gold production for FY 2017 is expected to increase to 135,000 ounces . Group posts quarterly production of 32,752 ounces .  Full Article

Ramelius Resources Limited announces appointment of managing director
Tuesday, 30 Jun 2015 10:18pm EDT 

Ramelius Resources Limited:Announces the appointment of Mark Zeptner as managing director of the company.  Full Article

Clancy Exploration Ltd signs $2 million farm-in agreement on Condobolin project in NSW with Ramelius Resources Ltd
Wednesday, 29 Apr 2015 08:33pm EDT 

Clancy Exploration Ltd:Enters into farm-in agreement with Ramelius Resources Ltd on Condobolin gold and base metal project in NSW.Says under terms of agreement, Ramelius has right to earn 80 pct, of Condobolin project by funding A$2 million for exploration over four years.Says if Ramelius withdraws before earning 80 pct., project ownership reverts 100 pct. to Clancy.Says after the farm-in phase is completed, Clancy will be carried to a decision to mine, at which point Clancy will have right to contribute its 20 pct. share of costs post decision to mine, or dilute according to standard industry provisions.Says if Clancy's interest dilutes to 5 pct., it converts to a 2 pct. net smelter royalty.  Full Article

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