Browsing Tag
Mt Magnet
4 posts
Ramelius Resources targets up to 610,000oz of gold as FY27 growth spending surges
Ramelius Resources Limited has lifted its FY30 gold-production outlook to as much as 610,000 ounces, sending its shares sharply higher even as FY27 growth expenditure rises to A$480 million-A$570 million.
Ramelius Resources enters FY27 unhedged after record margin and A$256m shareholder return
A 36% increase in realised gold prices helped Ramelius preserve A$765.4 million of underlying EBITDA despite sharply lower ounces, while Spartan costs weighed on statutory profit.
Ramelius Resources (ASX:RMS) strikes A$300m Edna May deal as its 500koz growth plan faces the real test
Ramelius to sell Edna May for A$300m, but the harder test begins now. Mt Magnet and Never Never must turn cash into 500koz-scale growth.
Ramelius Resources to sell Edna May for A$300m as ASX:RMS trades 42% below 52-week high
Discover how Ramelius Resources’ A$300m Edna May sale reshapes ASX capital allocation, gold growth and investor sentiment. Read the full analysis.