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Ramelius Resources Limited (ASX:RMS)

ALERT: Price-sensitive ASX Announcement for RMS
Current share price for RMS : $3.480 -0.2 (-5.43%)+
Announcement
Release
7 Apr 2026 8:30AM
Price at Release
$3.680
Full Release
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Summary
Ramelius Resources Limited, an Australian gold producer, released a preliminary production update for the March 2026 quarter. The company reported gold production of 38,093 ounces, keeping it on track to meet its FY26 production guidance. The quarter was marked by a strong cash and gold balance of A$606.5 million, significant contributions to shareholder returns with A$110 million in share buybacks, and the early delivery of forward gold contracts. Key project updates include advancements at the Dalgaranga and Mt Magnet sites, with ongoing exploration activities focused on the Penny, Cue, and Dalgaranga areas. Ramelius remains resilient against fuel supply disruptions, leveraging solar and natural gas for power at the Mt Magnet mill. The company plans to release further details in the full Quarterly Activities Report scheduled for late April 2026.
Key Points
  • Gold production of 38,093 ounces for the March 2026 quarter.
  • Cash and gold balance of A$606.5 million as of 31 March 2026.
  • Significant share buybacks of A$110 million executed during the quarter.
  • Dalgaranga mine production is on budget with key advancements.
  • Exploration continues in key areas: Penny, Cue, Galaxy Mine Area, and Dalgaranga.
  • Resilience against fuel supply chain disruptions due to solar and natural gas utilization.
  • Full Quarterly Activities Report to be released in late April 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.