It has been a strong start to the week for Ramelius Resources Ltd shares.
The gold miner is up 6.98% to $3.83 in midday trade on Monday after releasing its latest update to the market.
The stock is still down around 8% since the start of 2026.
According to the release, Ramelius expects to produce between 205,000 and 225,000 ounces of gold in FY27.
All-in sustaining costs are forecast at between $2,150 and $2,350 per ounce.
Ramelius is guiding for 250,000 460,000 ounces in FY29.
By FY30, the company is targeting annual production of 560,000 – 610,000 ounces, with AISC of $2,100 to $2,400 per ounce.
A lot of that growth should come from Mt Magnet000 – 460,000 ounces in FY30.
Rebecca-Roe is expected to contribute another 140,000 – 150,000 ounces that year.
The cost of expanding the processing plant has now increased to around $280 million, up from the previous estimate of $223 million.