The Ramelius Resources Ltd share price is in focus after the gold miner upgraded its FY30 production outlook and released new FY27 guidance, flagging production growth of up to 610,000 ounces by 2030 and a 11% lift on its October 2025 plan.
The company's outlook assumes a higher gold price and cost base reflecting sector-wide pressures, but management expects to maintain one of the lowest cost positions among ASX gold miners.
Ramelius is pushing ahead with growth plans at Mt Magnet, aiming for a steady-state run rate of 4.3Mtpa in March 2028 and a Life-of-Mine to 2043.
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The Ramelius Resources Ltd share price is in focus after the gold miner upgraded its FY30 production outlook and released new FY27 guidance.
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The article, shortened and in plain language
The Ramelius Resources Ltd share price is in focus after the gold miner upgraded its FY30 production outlook and released new FY27 guidance, flagging production growth of up to 610,000 ounces by 2030 and a 11% lift on its October 2025 plan.
Ramelius' production targets are underpinned by expanded operations at Mt Magnet, discoveries at Galaxy and Cue, and development of Rebecca-Roe.
The company's outlook assumes a higher gold price and cost base reflecting sector-wide pressures, but management expects to maintain one of the lowest cost positions among ASX gold miners. The recently appointed EPC contractor, Primero, will deliver a new 3Mtpa processing circuit at Mt Magnet, facilitating future production growth.
Ramelius is pushing ahead with growth plans at Mt Magnet, aiming for a steady-state run rate of 4.3Mtpa in March 2028 and a Life-of-Mine to 2043.
Over the past 12 months, Ramelius Resources shares have declined 3%, trailing the S&P/ASX 200 Index, which has fallen 1% over the same period.
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