June 2025 Quarterly Activities Report
| Stock | Ramelius Resources Ltd (RMS.ASX) |
|---|---|
| Release Time | 29 Jul 2025, 8:21 a.m. |
| Price Sensitive | Yes |
Record FY25 Gold Production of 301koz
- Group gold production of 73,454 ounces at an AISC of A$1,339/oz, exceeding the upper end of the upgraded production Guidance range
- Sector leading AISC margin of A$3,103/oz, or 70% margin for the Quarter
- Record annual Group gold production of 301,664 ounces at an AISC of A$1,551/oz, exceeding the upper end of the upgraded production Guidance
In the June 2025 Quarter, Ramelius Resources Ltd produced 73,454 ounces of gold at an AISC of A$1,339/oz, exceeding the upper end of the upgraded production Guidance range of 62,000 - 72,000 ounces. This resulted in a sector-leading AISC margin of A$3,103/oz, or 70% margin for the Quarter. For the full 2025 financial year, the company achieved record annual Group gold production of 301,664 ounces at an AISC of A$1,551/oz, exceeding the upper end of the upgraded production Guidance range of 290,000 - 300,000 ounces and at the bottom of the upgraded AISC Guidance range of A$1,550 - 1,650/oz. This marked the fifth consecutive year of achieving both Gold Production and AISC Guidance. The company also reported record annual underlying free cash flows of A$694.9M. During the Quarter, Ramelius announced and progressed the transformational combination with Spartan Resources, which is scheduled for implementation on 31 July 2025. The company plans to issue FY26 and 5-Year Production and AISC Guidance as part of the integrated studies currently in progress, expected in the December 2025 Quarter. Exploration expenditure is set to increase from A$47.1M in FY25 to A$80 - 100M (FY26 Guidance) to aggressively target high-grade opportunities at the new enlarged Mt Magnet hub.
For the 2025 financial year, Ramelius achieved record gold production of 301,664 ounces at an AISC of A$1,551/oz, exceeding the upper end of the upgraded production Guidance range of 290,000 - 300,000 ounces and at the bottom of the upgraded AISC Guidance range of A$1,550 - 1,650/oz.
Ramelius plans to issue FY26 and 5-Year Production and AISC Guidance as part of the integrated studies currently in progress, expected in the December 2025 Quarter. Exploration expenditure is set to increase from A$47.1M in FY25 to A$80 - 100M (FY26 Guidance) to aggressively target high-grade opportunities at the new enlarged Mt Magnet hub.