Ramelius Cash And Gold Rise As Quarterly Output Faces Weather Disruption
Closing price · 2026-10-26: $3.36 · +1.51%
Ramelius Resources reported quarterly gold production of about 49,000 ounces, with wet-weather haulage interruptions at Penny affecting output and costs; it remains on track to meet its full-year production and cost guidance. Cash and gold increased to approximately $768 million from $650 million in June, while the company completed the $300 million Edna May sale and advanced its Mt Magnet plant expansion. It expects production to increase quarter-on-quarter in FY27, with higher-grade mining planned at Dalgaranga and Cue.