Ramelius Sticks to Guidance as First-Quarter Costs Top Consensus
RBC Capital Markets analyst James Redfern says Ramelius Resources’ first-quarter all-in sustaining costs were 14% above the A$2,326/oz consensus, mainly due to weather-related production disruptions.
Ramelius Resources' all-in sustaining costs are higher than anticipated, mainly due to weather-related production disruptions, says RBC Capital Markets analyst James Redfern. At 2,656 Australian dollars an ounce, 1Q costs are 14% above consensus of A$2,326/oz. That reflects softer production at the…