Ramelius Resources raised its annual production guidance to 285,000 to 295,000 ounces at $1,550 to $1,650/oz all-in sustaining costs.
The company reported record gold production of 86,928 ounces at $1,344/oz all-in sustaining costs for the March quarter, exceeding guidance and cost targets.
Cash and gold reserves surged to $407.1 million.
Exploration yielded favourable results at Mt Magnet's Eridanus and Galaxy sites.