Ramelius Resources exceeded expectations in the first quarter of 2024, with record gold production of 86,928 ounces, surpassing guidance.

The production generated a $125.3 million free cash flow, boosting cash and gold reserves to $407.1 million, up from $281.8 million in December 2023.

Anticipated all-in sustaining costs for the second half of 2024 have decreased to $1,375 – 1,475/oz from the previous $1,700 – 1,800/oz.