PRECIOUS METALS

Competition from iron ore truckers impacting gold miner Ramelius et al

RAMELIUS Resources anticipates meeting the lower end of gold production guidance and the mid-point of its cost range due to the ongoing pressures facing the mining sector including the competition for truck drivers from an iron ore industry paying A$60 an hour plus bonuses.

 Ramelius' Mt Magnet plant

Ramelius' Mt Magnet plant

Guidance remains 260,000-300,000 ounces at all-in sustaining costs of A$1425-1525/oz, though the company did caution the external environment at present did make it difficult to "accurately assess" the...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.