Ramelius Resources (ASX:RMS): Forging a gold powerhouse in WA after Spartan Resources merger

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?

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