Ramelius builds gold endowment

WESTERN Australian gold miner Ramelius Resources’ profitability was down 90% last financial year due to staffing, weather and geological issues beyond its control, and some big non-cash impairments, but the miner has started the new year on more solid ground.

Ramelius builds gold endowment Ramelius builds gold endowment Ramelius builds gold endowment Ramelius builds gold endowment Ramelius builds gold endowment

Reserves were maintained last year, despite record gold production

Ramelius, which has production centres at Mount Magnet and Edna May, has released its annual resources and reserves estimates, and the news was good this morning.