Ramelius Resources Limited
(ASX:RMS) says it’s received the final approvals for its Kathleen Valley gold mine in Western Australia.
The miner hopes to begin open pit mining in July with first ore to its Mt Magnet mill by the end of the September quarter.
The mine is expected to deliver around 160,000 ounces of gold over the next 1-2 years.
Ramelius has been achieving near record quarterly gold production of late and says its nearby Vivien gold project is also due for commencement in the near future.
Ramelius reported a net profit of $3.96 million for the first half of the 2015 financial year.
