Record Gold Production
Ramelius achieved a record gold production of just over 301,000 ounces at a peer-leading, all-in sustaining cost of AUD 1,551 per ounce for FY '25.
Strong Financial Performance
The company generated record operating cash flow of $771 million and underlying free cash flow of just under $700 million, with a closing cash and gold balance of $809.7 million.
Successful Integration with Spartan Resources
The transformational combination with Spartan Resources has been progressing seamlessly, with the integration expected to enhance exploration activities and financial strength.
Exploration Investment
Ramelius plans to invest $80 million to $100 million in exploration in FY '26, effectively doubling the expenditure compared to FY '25.
Low Production Costs
The all-in sustaining cost for the quarter was $1,339 per ounce, with Mt Magnet being one of the lowest-cost production centers in Australia at $1,310 per ounce.