PERTH (miningweekly.com) – Gold miner Ramelius Resources is on track to meet its full-year production target of 135 000 oz, after producing 67 546 oz of gold during the six months ended December.
The gold miner produced 31 367 oz in the December quarter.
The Mt Magnet operation contributed 12 674 oz during the quarter, while the Vivien mine delivered 16 524 oz and the Kathleen Valley operation a further 2 169 oz. All three mines are located in Western Australia.
Looking ahead, Ramelius expected gold production in the March quarter to be between 30 000 oz and 34 000 oz, with all-in sustaining costs of A$1 100/oz, compared with the A$1 464/oz reported in the December quarter.
Edited by: Creamer Media Reporter
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