Wattle Dam to close in 2013 - Ramelius

Gold miner Ramelius Resources this week warned that its flagship Wattle Dam mine could cease operations in the first half of 2013 if the company was unable to extend the ore body. In its quarterly results report for the three months to March,...

Ramelius pours first gold at Mt Magnet

Gold miner Ramelius Resources has poured the first gold at its Mount Magnet project, in Western Australia, adding a secondary revenue stream to the company’s books. The miner said on Monday that it was making good progress towards full...

Ramelius still profitable

Gold miner Ramelius Resources has halved its net profit after tax for the six months to December, reporting a net profit of A$16.1-million, compared with the A$32.3-million reported in the previous corresponding period. Revenue for the interim...

Wattle Dam production drops in December quarter - Ramelius

Gold miner Ramelius Resources on Tuesday told shareholders that production levels at its Wattle Dam operations, in Western Australia, were expected to improve during the March quarter, after its December quarter production declined to 5 493 oz of...

Ramelius expands WA gold portfolio

Gold miner Ramelius Resources has added to its Western Australian gold portfolio by agreeing to purchase an 80% interest in the Barlee gold resource from fellow listed Beacon Minerals for A$4-million in cash. Ramelius has also agreed to a royalty...

Company Announcement: Drilling at Paulsens returns 12,178gpt

Northern Star Resources advises that drilling at its Paulsens Gold Mine in WA has returned an intersection of 0.8m at 12,178gpt gold (12.7kg/t or 1.27%).

Ramelius looks to raise A$55m for gold developments

Gold miner Ramelius Resources was looking to raise some A$55-million though a share placement and a share purchase plan (SPP) to provide funding to develop its gold projects in Western Australia. The miner said in a statement on Monday that it...

Ramelius studies increased output at Mount Magnet

Gold miner Ramelius Resources on Thursday reported that a recent pit optimisation study at its Mount Magnet project, in Western Australia, has suggested the potential to increase production at the newly operating mine. Ramelius started mining at...

Ramelius starts mining at Mount Magnet

Gold miner Ramelius Resources has started mining at the Mount Magnet gold project, in Western Australia, after approving the project in April this year. The first blast of waste material occurred on September 23, with mining now well under way,...

Ramelius triples net profit in full year

Gold miner Ramelius Resources on Friday reported that its net profit after tax for the year ended June had increased by almost 209%, to A$62.4-million. This was compared with the A$20.1-million in net profit recorded in the previous financial year.

Ramelius gold output tops 100 000 oz

Gold producer Ramelius Resources increased its production at Wattle Dam, in Western Australia, by 65% to over 100 000 oz in the financial year ended June 30. This was compared with the 60 780 oz produced during the previous financial year....

Houldsworth steps down from Ramelius board

ASX-listed gold miner Ramelius Resources said on Friday nonexecutive director Joe Houldsworth would retire from the board, effective from May 26. Houldsworth was the founding MD of Ramelius in 2003 and was instrumental in the discovery and...