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Ramelius Resources Limited (ASX:RMS)

ALERT: Price-sensitive ASX Announcement for RMS
Current share price for RMS : $3.700 0.62 (20.13%)+
Announcement
Release
29 Jul 2026 8:22AM
Price at Release
$3.080
Full Release
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Summary
The June 2026 Quarterly Report for Ramelius Resources Limited highlights significant financial and operational achievements. The company reported gold production of 53,466 ounces at an all-in sustaining cost (AISC) of A$1,973 per ounce for the quarter, contributing to a total of 192,182 ounces at A$1,983 per ounce for the financial year. The report notes a successful transition of the Never Never underground mine into production, cost-effective operations despite increased diesel prices, and substantial growth capital and exploration investments. The A$300 million sale of the Edna May asset was a key strategic move, enhancing shareholder returns along with a share buyback program. The company continues to focus on expanding the Mt Magnet hub capacity, enhancing exploration efforts, and progressing the Rebecca-Roe project.
Key Points
  • Gold production of 53,466 ounces in the June 2026 quarter.
  • AISC of A$1,973 per ounce for the quarter.
  • Transition of Never Never underground mine into production.
  • Growth capital investment of A$163.3 million for FY26.
  • A$300 million sale of the Edna May asset.
  • Expansion plans for Mt Magnet hub capacity.
  • Continued focus on high-grade exploration strategy.
  • Strategic share buyback and dividend payments to enhance shareholder returns.
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.