ASX-listed Ramelius Resources is going for gold at Apollo Consolidated, as a new wave of M&A is set to sweep through Western Australia’s goldfields.
It is understood the Ramelius Resources, one of a handful of mid-cap Australian gold plays, has made a whole of company bid for the under-the-radar Apollo Consolidated, and spent the weekend in talks to advance the potential deal.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
