CAPITAL MARKETS

Ramelius profit jumps 74%

GOLD miner Ramelius Resources has reported a 74% increase in profit to A$31 million last financial year following a near-70% increase in production, with the debt-free company having cash and bullion of $95.5 million at June 30.

 Edna May

Edna May

The slight increase in its cash and bullion holdings from a year earlier follows expenditure for the cash component of the Edna May acquisition of $38.4 million, growth capital of $65.6 million and $13.6...

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