Tag: Resources

Earnings call: Ramelius Resources upgrades guidance amid record production

 stock analyst  04/23/2024  0 Comments on Earnings call: Ramelius Resources upgrades guidance amid record production

Ramelius Resources (RMS.AX) has reported a record quarterly gold production, resulting in an upgraded full-year production guidance and a reduction in cost guidance. The company announced during its earnings call that it achieved a gold production of 86,928 ounces for the quarter, with an all-in sustaining cost of $1,344 per ounce.

Australia's Base Resources surges 120% on US takeover deal

 stock analyst  04/22/2024  0 Comments on Australia's Base Resources surges 120% on US takeover deal

Investing.com– Shares of Australian mineral sands miner Base Resources Ltd (ASX:BSE) more than doubled in value on Monday after it entered a deal to be bought by North American peer Energy Fuels (TSX:EFR) Inc (NYSE:UUUU) for an equity value of A$375 million ($241.7 million)