Production up, profit down at Ramelius

FRESH from its successful takeover of Explaurum and purchase of the Marda project, growth has solidified as the watchword at Western Australian mid-tier gold producer Ramelius Resources, which says its solid first half of 2018-19 will be fuel to its ambitions to maintain and grow production.

Production up, profit down at Ramelius Production up, profit down at Ramelius Production up, profit down at Ramelius Production up, profit down at Ramelius Production up, profit down at Ramelius
The company delivered a 14% increase in year-on-year production to hit 104,051 ounces thanks to the first full year of Edna May production and a stronger gold price for the six months to December 31.