Ramelius Resources recorded group gold production of 68,524 ounces at an all-in sustaining costs of $1,837/oz, meeting the upper end of guidance.
For the fist half of FY24, group gold production stands at 124,047 ounces. The company reported $281.8 million in cash and gold, with strong operating cash flow of $68 million.
FY24 production guidance has been upgraded to 265,000 - 280,000 ounces, and AISC guidance is adjusted to $1,750 – 1,850/oz.
Exploration efforts continue at various projects, including Eridanus, Galaxy Underground, and Bombora.