Ramelius Resources is considering a merger with Westgold Resources and has submitted an application to the Australian Government Takeovers Panel.

According to the Australian Financial Review, no sitting panel has been appointed and no decision to conduct proceedings has been made yet. Ramelius head Mark Zeptner initiated merger discussions a few months ago, but Westgold declined as it is currently in talks to merge with Canada-based Karora Resources.

Gold Road Resources chairman, Tim Netscher, praised the company’s safe and profitable year, celebrating over 1,000 days without a lost-time injury at the Gruyere gold mine in Western Australia.

Speaking at Gold Road’s annual general meeting, Netscher noted that despite facing complex and uncertain times in 2023, Gruyere continued to operate effectively, leading to record gold sales of 161,472 ounces.

AngloGold Ashanti has wrapped up its first quarter of 2024, marking consistent gold production despite challenges.

Regis Resources Advances Duketon Gold Project with Approval for Garden Well and Rosemont Underground Mines

Regis Resources, under the leadership of managing director and CEO Jim Beyer, celebrates the approval for the development of the Garden Well and Rosemont underground mines in Western Australia. Beyer sees this decision as a pivotal step towards significantly expanding the company's gold resources.

Chalice Mining Limited (ASX: CHN) is delighted to announce an updated Mineral Resource Estimate (MRE) for its 100%-owned Gonneville PGE-Ni-Cu-Co Project, situated on Chalice-owned farmland approximately 70km north-east of Perth in Western Australia. This development marks a significant stride towards optimizing the Project amid a challenging commodity price landscape.

The mineral resource estimate (MRE) for Westgold Resources’ Bluebird–South Junction project has surged by 134 percent, equivalent to 474,000 ounces (oz) of gold.

Situated 15km southwest of Meekatharra, Western Australia, the Bluebird underground gold mine forms part of Westgold’s Meekatharra operations.

In late 2019, Westgold initiated underground activities at Bluebird, resulting in the extraction of over 137,000oz of gold. This contributed to a total recorded gold production of 784,000oz at Bluebird and 1.18Moz across the combined Bluebird–South Junction project.

Pantoro Limited is celebrating a historic performance in the March quarter, with a remarkable 8,298 ounces of gold produced solely from its Norseman project in Western Australia.

Throughout the entire March quarter, Norseman yielded a total of 19,235 ounces of gold, contributing to positive cash flow for Pantoro in both February and March. The Norseman processing plant surpassed expectations, processing 284,535 tonnes with an impressive recovery rate of 94.7%.

 Ramelius Resources Ltd (ASX: RMS) is thrilled to announce its outstanding performance in the March 2024 Quarter, achieving record-breaking gold production of 86,928 ounces. This figure surpasses the implied gold production guidance for the quarter, which ranged from 70,000 to 77,500 ounces. The company's production has exceeded all expectations, marking a significant milestone in its operational history.

Westgold Resources Limited is pleased to present its preliminary production results for Q3, FY24. Despite encountering challenges such as the operational pause at the Paddy’s Flat underground at Meekatharra and adverse weather conditions across all operations, Westgold achieved notable milestones.

In Q3 FY24, Westgold produced 52,100 ounces of gold, with an average sale price of $3,137/oz. Despite the challenges mentioned, the Company managed to increase its cash and bullion reserves by $9M, reaching a total of $247M by the end of the quarter.

Spartan Resources Limited (ASX: SPR) unveils significant exploration findings at its Dalgaranga Gold Project in Western Australia.

Spartan Resources Limited has announced a groundbreaking discovery at its Dalgaranga Gold Project in Western Australia. Recent deep drilling has revealed visible gold over 1 kilometer below the renowned Never Never Gold Deposit, indicating substantial mineralization at considerable depths.