Ramelius profit up fourfold

GROWING gold producer Ramelius Resources has reported a strong half-year result.

Ramelius profit up fourfold Ramelius profit up fourfold Ramelius profit up fourfold Ramelius profit up fourfold Ramelius profit up fourfold

Ramelius is soon to add Spectrum's high-grade ground to its portfolio

EBITDA rose from A$50 million to $65.9 million, despite lower gold production of 92,084 ounces, down from 104,051oz and lower revenue of $158.5 million.

Net profit after tax jumped from $4.