• Revenue up 46% to $508 million
• EBITDA up 119% to $308 million
• Net profit after tax up 313% to $170 million
• Interim dividend of 3.0 cents per share declared

Ramelius Resources Ltd, a well-established mid-tier Australian gold mining company, has reported its financial results for the half-year ended 31 December 2024. The company's revenue from ordinary activities increased by 46% to $507,958,000, while earnings before interest, tax, depreciation, and amortization (EBITDA) rose by 119% to $307,603,000. Earnings before interest and tax (EBIT) grew by 291% to $231,056,000, and net profit before tax increased by 283% to $237,563,000. Net profit after tax attributable to members was up 313% to $170,369,000. The company produced 147,755 ounces of gold during the half-year at an all-in sustaining cost (AISC) of A$1,699 per ounce. Ramelius has also declared a fully franked interim dividend of 3.0 cents per fully paid share, with an ex-date of 17 March 2025, a record date of 18 March 2025, and a payment date of 17 April 2025. The company's Cue Gold Mine commenced mining operations during the period, and Ramelius released a pre-feasibility study on its Rebecca-Roe Gold Project, which demonstrated strong economic returns. Additionally, Ramelius increased its strategic investment in Spartan Resources Limited to 19.9% of the company's ordinary shares on issue.

Ramelius' guidance for the 2025 financial year remains at 270,000 - 300,000 ounces of gold production at an AISC of A$1,500 - 1,700 per ounce.

The company expects its AISC margin to increase to 61% for the full 2025 financial year, with an increasing contribution from the Cue Gold Mine and higher realized gold prices due to a strengthening Australian dollar and reducing hedge book commitments.