Ramelius reports record production from Mt Magnet
PERTH (miningweekly.com) – Gold miner Ramelius Resources has reported record September quarter production from its Mount Magnet mine, in Western Australia.
Gold production for the quarter reached 18 245 oz, which was up on the 17 211 oz produced in the previous three months.
The miner has flagged a further production increase for the December quarter, predicting output of between 21 000 oz and 23 000 oz.
It noted that the Western Queen South high-grade openpit ore was not milled during the September quarter, but would be incorporated during October, with ore deliveries to the mill starting at the end of next week.
In July, Ramelius upped its output expectations at Mount Magnet for the full year to 90 000 oz, up 54% on the previous financial year.
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