CAPITAL MARKETS

Ramelius forecasts loss, boosts production

RAMELIUS Resources says two significant write-downs may result in a $A70 million pre-tax loss for financial 2013, but expects production to increase 34% in the coming year.

Justin Niessner
Ramelius forecasts loss, boosts production

The miner confirmed it would likely report a write-down in the carrying value of its assets of $58 million in response to the fall in the price of gold and a strategic assessment of future exploration...

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