Ramelius Resources Limited

Ramelius Resources Limited

Mining

East Perth, Western Australia 14,373 followers

About us

Ramelius Resources Limited (ASX:RMS) is a Western Australian gold producer that has been listed on the ASX since 2003 and in production since 2006. The company-making mine, Wattle Dam, was located approximately 70km south of Kalgoorlie and was at one stage the highest grade gold mine in Australia. It was operated successfully from 2006 to 2013. Ramelius owns and operates the Mt Magnet, Edna May, Vivien, Marda, Tampia and Penny gold mines, and the recently acquired Rebecca Gold Project, all of which are located in Western Australia. Ore from the high-grade Vivien underground mine, located near Leinster, is hauled to the Mt Magnet processing plant where it is blended with ore from both underground and open pit sources at Mt Magnet. The Penny project is currently under development with first ore in late FY22. The Edna May operation is currently processing high grade underground ore, low grade stockpiles, as well as ore from the adjacent Greenfinch open pit and the satellite Marda open pit mines. Ore feed from the Tampia open pit mine commenced in early FY22.

Website
http://www.rameliusresources.com.au/
Industry
Mining
Company size
201-500 employees
Headquarters
East Perth, Western Australia
Type
Public Company
Specialties
Gold, Mining, Exploration, Mt Magnet, Edna May, and Vivien

Locations

  • Primary

    Level 1, 130 Royal St

    East Perth, Western Australia 6004, AU

    Get directions

Employees at Ramelius Resources Limited

Updates

  • View organization page for Ramelius Resources Limited, graphic

    14,373 followers

    At Ramelius, one of our core values is authenticity. One who regularly exemplifies this is Joel, Open Pit Mine superintendent at our Mt Magnet Gold Mine.  Joel has been a great asset to the Company, and we look forward to seeing the further enhancement of his career at Ramelius in the future. Mt Magnet has been a highly profitable operation for Ramelius, with multiple mining areas and historical production looking to push through 8Moz and beyond during its lifetime. It’s not without our exceptional workforce, that such success would be possible.

  • Ramelius Resources Limited reposted this

    Our Community Programs are at the heart of Carey Right Track, and we are so grateful to our partners who support us so that we can continue to deliver these valuable programs. We would like to thank and acknowledge Ramelius Resources Limited for their continued support of our Mount Magnet school and community program. We have been able to send a team fortnightly to Mt Magnet during the school term for almost 12 months now, allowing us to offer consistency and opportunity to the community. We absolutely love what we do, however, we know that we can't do it alone, thank you 🙏

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  • Ramelius Resources is pleased to report its financial and operational performance for the Financial Year ending 30 June 2024. Additional information is provided in the Appendix 4E, Financial Statements and Presentation released today, found on the Companies website: https://lnkd.in/e9_aXPz FY24 HIGHLIGHTS - Gold sales of 293,966 ounces at AISC of A$1,583/oz - Revenue from ordinary activities of A$882.6M (FY23: A$631.3M), up 40% - Statutory net profit after tax of A$216.6M (FY23: A$61.6M), up 252% - EBITDA of A$451.3M (FY23: A$256.7M), up 76% - Underlying EBITDA of A$462.2M (FY23: A$276.3M), up 67% - Underlying net profit after tax of A$200.3M (FY23: A$75.3M), up 166% - Cash flow from operations of A$454.8M (FY23: A$259.6M), up 75% - Net cash and bullion of A$446.6M (FY23: A$272.1M), up 64% - Strategic investment in Spartan Resources Limited of 8.9% in FY24, increased to 18.35% in July 2024, valued at A$274.1M (Cost: A$185.2M) - Renewed and upsized (+A$25M) Revolving Corporate Facility of A$175M over a four-year term (nil drawn) - Board approves investment into a renewable energy solution (solar, battery & wind) as part of a long-term power purchase agreement at Mt Magnet - Fully franked dividend of 5.0 cents per share (FY23: 2.0cps), up 150%

  • Ramelius Resources Limited reposted this

    We're grateful for the continued support of corporate sponsors like Ramelius Resources Limited, who help us deliver the finest health care across Western Australia ❤️💙   Ramelius funds a Hamilton T1 Ventilator — an essential piece of equipment for safely transferring our ventilated patients across the State 🙌 #Aviation #Ramelius #Mining #RFDSWA

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  • The team at the Ramelius corporate office are seeking a Senior Environmental Advisor to support the environmental team with scheduling of studies, data analysis, and preparation of environmental approval documents. This role is being offered on a 12-month max term, on a 5:2 roster, full time or part time. More information on this opportunity can be found here https://lnkd.in/gXtfmCAp

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  • Ramelius was thrilled to receive Deloitte’s WA Index High Growth Award yesterday, their customary Diggers & Dealers Special Edition. The award recognises the top performing companies in the Deloitte WA Index, delivering outstanding market capitalisation growth for the year ended 30 June 2024. Pictured is Ramelius’ Managing Director & CEO Mark Zeptner. Thanks Deloitte for the recognition!

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  • Lucy is a Haulage and Projects Coordinator at our Edna May gold mine, who shared with us that it was her father who initially inspired her to take this career path, having himself made a career from it. When asked what Ramelius does well that sets us apart, it was great to hear that Lucy feels supported with opportunities and like she’s part of a family that strives to include all and perform as a united team. If she could be anywhere in the world right now, you’d find her caravanning around Australia. Read more here https://lnkd.in/grChWNis

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  • View organization page for Ramelius Resources Limited, graphic

    14,373 followers

    Ramelius today released the full Quarterly Activities Report for the June 2024 Quarter & FY25 Gold Production & AISC Guidance. A few key highlights from the June 2024 Quarter, are as below: - Annual Group gold production of 293,033 ounces at an AISC of A$1,583/oz at the upper end of the upgraded production Guidance range of 285,000 – 295,000 ounces and the lower end of the upgraded AISC Guidance range of A$1,550 – 1,650/oz - Quarterly Group gold production of 82,058 ounces at an AISC of A$1,362/oz at the upper end of the upgraded production Guidance range of 75,000 – 85,000 ounces and the lower end of the upgraded AISC Guidance range of A$1,350 – 1,450/oz - Mt Magnet reported an AISC of A$982/oz for the Quarter - No Lost Time Injuries (LTI) recorded during the Quarter, with the Group not recording an LTI since May 2023 - Total capital & project development expenditure for FY24 of A$49.6M at the upper end of Guidance (A$45 – 50M) with the early commencement of pre-strip and clearing activities at the Cue Project - Cash & gold of A$446.6M (Mar 2024 Qtr: A$407.1M), with operating cash flow of A$162.8M and an associated underlying free cash flow of A$137.3M, the best on record For full details on today’s ASX Releases, please click https://lnkd.in/gDxXrMJG Mark Zeptner & Darren Millman this morning held an investor conference call to discuss the Quarterly Report & FY25 Guidance. The recording of the call will be available on the Company’s website later today via https://lnkd.in/dMtnQA63

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