Ramelius Resources Posts Lower September Quarter Gold Production

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Ramelius Resources (ASX:RMS) reported gold production of 48,839 ounces for the September quarter, according to a Thursday Australian bourse filing.

The company produced 55,013 ounces of gold at an all-in sustaining cost of AU$1,836 per ounce in the prior corresponding period, an earlier filing showed.

The company said wet weather disrupted haulage from the Penny mine to the Mt Magnet mill, marginally impacting quarterly production, but the delay is not expected to affect full-year production guidance.

Underlying free cash flow was AU$60.2 million for the year, while cash and gold holdings totaled AU$768 million as of Sept. 30.

The company remains on track to achieve its fiscal 2027 production guidance of 205,000 to 225,000 ounces of gold, the filing added.

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