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 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 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 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....

Ramelius extends Wattle Dam’s mine life to end-2013

Gold-miner Ramelius Resources has extended the Wattle Dam project’s life-of-mine expectancy by at least another two-and-a-half years, the miner reported on Monday. A new mine plan has extended the Western Australian operation’s life...

Ramelius gives green light for WA mine

Gold miner Ramelius Resources on Friday gave the go-ahead for its second gold mining operation in Western Australia. Mining at the Mount Magnet operation was now expected to start by the second half of this year, with first gold pour expected in...

Mount Magnet adds 50 000 oz to Ramelius resource

Gold-miner Ramelius Resources has added 50 000 oz of gold to its total resource for the Mount Magnet project, in Western Australia, following the completion of a drilling programme at the Galaxy area. A new Joint Ore Reserves Committee-compliant...

Ramelius expects higher interim profit

Gold junior Ramelius Resources has told shareholders that it expected a pretax profit of A$47-million for the six months to December. This was compared with a consolidated net profit before tax of A$14,3-million for the previous corresponding...

Ramelius reports record half-year gold output

Junior gold-miner Ramelius Resources has reported record output from its Wattle Dam mine, in Western Australia, for the quarter ended December. Wattle Dam produced 26 668 oz of gold in the quarter, contributing to a record half-yearly production...