Ramelius Resources boosts production outlook and sets new FY27 guidance
The miner also lifted FY27 guidance and raised Mt Magnet expansion costs as it targets lower unit costs and stronger growth through 2030.
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Mt Magnet expansion drives growth plan for Ramelius
Ramelius’ Mt Magnet gold mine. Image: Ramelius ResourcesRamelius Resources is targeting annual gold production of up to 610,000 ounces by FY30 as it moves ahead with a major expansion of its Mt Magnet hub in Western Australia. The gold miner has forecast group production of 560,000–610,000 ounces in FY30, an 11 per cent increase on its October 2025 plan and 205 per […] Australian Mining.
Ramelius Shares Jump 7.5% as FY30 Gold Target Reaches 610,000 Ounces
Perth, September 21, 2026, 09:23 (AWST) Ramelius traded at A$3.85, up 7.54%, at 11:23 AEST.FY30 output is now forecast at 560,000 to 610,000 ounces.FY27 growth spending is forecast at A$480 million to A$570 million. Ramelius Resources Limited (ASX:RMS) shares jumped 7.54% on Monday after the gold miner raised its FY30 production range. The stock reached…
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