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Ramelius Resources Limited (ASX:RMS)

ALERT: Price-sensitive ASX Announcement for RMS
Current share price for RMS : $3.900 0.91 (30.43%)+
Announcement
Release
8 Jul 2026 8:24AM
Price at Release
$2.990
Full Release
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Summary
Ramelius Resources Limited reported a successful June 2026 quarter, achieving their FY26 production guidance with 192,182 ounces of gold produced. The company increased its gold production by 40% compared to the last quarter and reported a robust cash and gold balance of A$649.6 million. Significant developments included the sale of the Edna May hub, ongoing integration studies for Mt Magnet and Dalgaranga, and progress on the Mt Magnet hybrid power project. Corporate actions included a $0.03 interim dividend and substantial share buybacks. Key project activities included the ramp-up of Never Never underground production and environmental approvals for the Rebecca-Roe Project.
Key Points
  • Production Guidance for FY26 achieved with 192,182 ounces produced.
  • Gold production for the June 2026 quarter was 53,466 ounces, a 40% increase from the previous quarter.
  • Cash and gold balance as of 30 June 2026 was A$649.6 million.
  • The Edna May hub sale to Forrestania Resources for A$300 million was announced.
  • Mt Magnet and Dalgaranga integration studies ongoing, results expected in December 2025.
  • The Mt Magnet hybrid power project is progressing with wind turbine foundations completed.
  • A $0.03 per share interim dividend was paid in April 2026 with a total of A$30.5 million in buybacks completed.
  • Never Never underground production ramped up with four stopes mined.
  • Environmental approvals for the Rebecca-Roe Project in progress.
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.