Street Talk

Ramelius, Spartan nut out $4b low-premium merger; advisers bunker down

Sarah Thompson, Kanika Sood and Emma Rapaport

Mar 16, 2025 – 12.27pm

Email LinkedIn Twitter Facebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

The will-they-won’t-they couple of Western Australia’s gold sector is about to put a ring on it.

Street Talk can reveal Ramelius Resources chief executive Mark Zeptner and Spartan Resources boss Simon Lawson were in advanced talks over the weekend, flanked by their respective advisers, and seeking to agree terms around a merger.

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.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.