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Ramelius approached Westgold for $3b-plus gold merger

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The $2.3 billion listed gold miner Ramelius Resources has approached $1 billion Westgold Resources to discuss a merger proposal, in a deal that could be the sector’s biggest amid a recent wave of consolidation.

Ramelius Resources chief executive Mark Zeptner. Billy-Ray Stokes

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/ramelius-approached-westgold-for-3b-gold-merger-20240529-p5jhmy