Ramelius Resources Ltd June 2026 Quarterly Report
Key points
- Group gold production of 53,466 ounces at AISC of A$1,973/oz
- Underlying free cash flow of A$138.3M
- Annual gold production of 192,182 ounces at AISC of A$1,983/oz
- Sale of Edna May hub to Forrestania Resources for A$300 million
Full summary
Ramelius Resources Ltd released its June 2026 Quarterly Activities Report, highlighting key operational and financial achievements. The company produced 53,466 ounces of gold at an All-in Sustaining Cost (AISC) of A$1,973/oz for the quarter, with underlying free cash flow of A$138.3M. Annual gold production reached 192,182 ounces at an AISC of A$1,983/oz, meeting production guidance. The company also announced the sale of its Edna May hub to Forrestania Resources for A$300 million, with Ramelius set to become a 9.6% shareholder in Forrestania upon completion. Exploration efforts yielded exceptional results, with a focus on extending mine life at existing operations. Additionally, the company completed A$30.5 million of share buybacks during the quarter, totaling 56% of the A$250 million buyback program. A fully franked interim dividend of A$0.03 per share was paid, exceeding the annual minimum dividend. The company remains focused on ramping up the Never Never underground mine, increasing Mt Magnet hub capacity, and progressing the Rebecca-Roe project.
Guidance
Annual gold production of 192,182 ounces at AISC of A$1,983/oz
Outlook
FY27 Guidance and outlook to FY30 will be issued later in the September 2026 Quarter
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