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Ramelius Resources Limited (ASX:RMS)

ALERT: Price-sensitive ASX Announcement for RMS
Current share price for RMS : $3.750 -0.26 (-6.48%)+
Announcement
Release
25 Aug 2026 8:02AM
Price at Release
$4.010
Full Release
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Summary
Ramelius Resources Limited's 2026 Resources and Reserves Statement outlines significant activities and updates as of June 30, 2026. The company reports that ore reserves have been developed from measured and indicated mineral resources, with operations at various sites including Cue, Never Never, Penny, and Galaxy. Among the highlights are the maiden ore reserves for the Never Never underground at Dalgaranga and the Roe underground at Rebecca-Roe, alongside extensive drilling at Galaxy, which notably increased the ore reserves. The report includes comprehensive data on mineral resources and reserves across multiple projects such as Mt Magnet, Yalgoo, Dalgaranga, Roe, Penny, and others, ensuring all mining activities align with regulatory standards, cost evaluations, and technical parameters. The ore reserves are calculated using a maximum gold price of A$3,500/oz and are backed by mining approvals for resources expected to be mined within the next three years. Stockpiles and mill recoveries are also accounted for based on operational experience.
Key Points
  • Ore reserves from measured and indicated mineral resources.
  • Operations at Cue, Never Never, Penny, and Galaxy sites.
  • Maiden ore reserves for Never Never underground at Dalgaranga and Roe underground at Rebecca-Roe.
  • Increased ore reserves due to extensive drilling at Galaxy.
  • Data on mineral resources and reserves for Mt Magnet, Yalgoo, Dalgaranga, Roe, Penny, and others.
  • Mining activities comply with regulatory standards, cost evaluations, and technical parameters.
  • Ore reserves calculated with a maximum gold price of A$3,500/oz.
  • Mining approvals in place for resources expected to be mined in the next three years.
  • Stockpiles and mill recoveries based on operational experience.
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.