Good evening,

Lock up your gold projects, the poachers are coming!

Dealmakers are bracing for a gold sector M&A onslaught, as big names look at the big developers, and the mid-cap miners hunt for prospects to replace their own dwindling reserves.

First up is ASX-listed Ramelius Resources, which has turned its attention to fellow West Australian Apollo Consolidated Ltd. It is understood Ramelius and Apollo spent the weekend locked in takeover talks, and investors expect to see the outcome as early as Monday.

And that’s just the tip of the iceberg of expected gold sector M&A. Promising developer Bellevue Gold has called in the bankers to shore up its defences, while Westgold Resources will step up its fight for Gascoyne Resources this week.

Elsewhere, we’ve spotted a new private equity fundraising at Allegro Funds, and have the shortlist for AustralianSuper’s 16.8 per cent stake in Ausgrid.

Happy reading
Anthony Macdonald, Yolanda Redrup and Kanika Sood
Street Talk editors