Ramelius Resources Achieves FY26 Guidance
Ramelius Resources Limited (RMS) has confirmed it met its production guidance for the 2026 financial year, delivering 192,182 ounces of gold. This result marks the sixth consecutive year the company has achieved its annual production targets. The June 2026 quarter specifically contributed 53,466 ounces, representing a material 40% increase compared to the 38,190 ounces produced during the March 2026 quarter.
Operational performance remains anchored by the Mt Magnet hub, where site works for the refurbished second ball mill have commenced. Management reported that Dalgaranga haulage rates ramped up significantly during the quarter, with high-grade mine stockpiles now being actively processed. The company maintains a strong liquidity position, ending the quarter with a cash and gold balance of A$649.6 million.
"Ramelius produced 53,466 ounces in the Quarter with full year production totalling 192,182 ounces, delivering within Guidance for the sixth consecutive year which is a fantastic demonstration of consistent delivery by the operations team."
"Ramelius remains committed to maintaining and then growing shareholder returns in the future. With our second interim dividend of $0.03cps in April and over A$140 million in share buybacks to date, we are executing on this important element."
— Mark Zeptner, Managing Director
Beyond core mining operations, the company is streamlining its asset base. It recently announced the sale of the Edna May hub to Forrestania Resources for a total consideration of A$300 million, comprised of A$210 million in cash and A$90 million in equity. This divestment is expected to close during the September 2026 quarter.
Investors should expect further granular details on operational costs and metallurgical performance when the company releases its full June 2026 Quarterly Activities Report, which is currently scheduled for 29 July 2026. The company continues its capital management program while advancing site infrastructure and key production projects.
Read the full announcement: 2026 June Quarter Update