Bigger production year ahead for Ramelius

RAMELIUS Resources will produce slightly more ounces in the new financial year but at slightly higher costs after 196,679oz at all-in sustaining costs of A$1192/oz were yielded from its two milling operations in 2019.

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Gold miner will spend $20 million on exploration in the current financial year

The Western Australian miner is forecasting 205,000-225,000oz at AISC of $1225-1325/oz in the year now underway, with the Mt Magnet operation to be the cash generator given expectations of 145,800oz