Appendix 4D and December 2025 Half Yearly Financial Report

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Stock Ramelius Resources Ltd (RMS.ASX)
Release Time 20 Feb 2026, 8:20 a.m.
Price Sensitive Yes
 Ramelius Resources Ltd reports H1 2025 results
Key Points
  • Acquisition of Spartan Resources Ltd and Dalgaranga gold mine
  • Positive PFS results for Never Never underground deposit
  • Definitive Feasibility Study completed on Rebecca-Roe gold project
  • Interim dividend of 3.0 cents per share announced
Full Summary

Ramelius Resources Ltd, a well-established mid-tier Australian gold mining company, has reported its half-year results for the period ended 31 December 2025. Key highlights include the acquisition of Spartan Resources Ltd and its Dalgaranga gold mine, positive Pre-Feasibility Study results for the Never Never underground deposit, and the completion of a Definitive Feasibility Study on the Rebecca-Roe gold project. The company produced 100,623 ounces of gold during the half-year at an All-in Sustaining Cost of A$1,901 per ounce. Ramelius has also announced a fully franked interim dividend of 3.0 cents per share, with a record date of 17 March 2026 and a payment date of 15 April 2026. The company's operations review covers the exploration, development, mining, and processing of gold from the Mt Magnet production hub, including Penny, Cue, and Dalgaranga. The Edna May production hub was placed into care and maintenance in the 2025 financial year. Ramelius has also provided guidance for the 2026 financial year, expecting to produce 185,000 - 205,000 ounces at an AISC of A$1,700 - 1,900 per ounce.

Guidance

Ramelius expects to produce 185,000 - 205,000 ounces of gold at an All-in Sustaining Cost of A$1,700 - 1,900 per ounce in the 2026 financial year.

Outlook

Ramelius continues to focus on its growth production targets, increasing shareholder return strategies, and high-grade exploration, with the support of its new $500 million revolving corporate facility and existing cash reserves and future operational cash flow generation.