Ramelius Resources Posts Lower June Quarter Gold Production, Fiscal 2026 Production Meets Guidance

Ramelius Resources (ASX:RMS) said June quarter gold production was 53,466 ounces, with fiscal 2026 production of 192,182 ounces within its guidance range of 185,000 to 205,000 ounces, according to a Wednesday Australian bourse filing. The company produced 73,454 ounces in the June quarter a year ago, an earlier filing showed. The company said haulage rates ramped up, particularly at Dalgaranga, with high-grade mine stockpiles reduced to 25,000 tonnes at 4.35 grams per tonne of Never Never underground ore and 5,000 tonnes at 5.78 grams per tonne of Penny ore. Underlying free cash flow was AU$138.3 million for the year, including growth capital and exploration, and before an interim fully franked dividend payment of AU$54.1 million, share buybacks totaling AU$30.5 million, and income tax installments of AU$15.6 million, the filing added. Cash and gold balance stood at AU$649.6 million as of June 30, with a Spartan acquisition stamp duty payment of AU$131 million due in July, it added.