Ramelius Q3 gold output almost hits record

Company News

Ramelius Resources Limited (ASX:RMS) says it has achieved near record quarterly gold production at its Mt Magnet operation in Western Australia. 
 
The gold miner delivered 22,655 ounces of gold from the mine in the March quarter, coming in at the upper end of the company’s guidance range. 
 
Ramelius has also advised funding for its Vivien Gold Project is in final stages of due diligence and its Kathleen Valley Gold Project is targeting the start of open pit mining in the June quarter. 
 
CEO Mark Zeptner says the company’s turnaround is in full swing and Ramelius is well placed to take advantage of the current Australian dollar gold price. 
 
Ramelius Resources reported a net profit of $3.96 million in the first half of the 2015 financial year. 

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