Ramelius Resources (ASX:RMS) now expects fiscal 2030 production of between 560,000 and 610,000 ounces at an all-in sustaining cost (AISC) of AU$2,100 to AU$2,400 per ounce, up 11% from the October 2025 plan and up 205% compared with fiscal 2026 production, according to a Monday Australian bourse filing.

The company said fiscal 2027 guidance has been set at 205,000 to 225,000 ounces at an AISC of AU$2,150 to AU$2,350 per ounce, with total growth capital expenditure for fiscal 2027 of AU$480 million to AU$570 million.

Total expenditure for the Mt Magnet plant in Western Australia is now expected to total AU$280 million, up from AU$223 million previously, due to inflationary impacts, greater fixed price coverage and additional infrastructure enhancements to enable future mill capacity beyond the planned 4.3 million tonnes per year, the filing added.

Ramelius said its growth plans are fully funded and expected to generate significant free cash flow of up to AU$1.5 billion in fiscal 2030 at a gold price of AU$5,500 per ounce, with current cash, gold and investment holdings in excess of AU$1 billion.

Changes to the Mt Magnet Hub plan include an increased underlying gold price assumption of AU$5,500 per ounce, up from AU$4,500 previously, and an increased diesel price assumption of AU$1.50 per liter until December, stepping down to AU$1.25 per liter from January 2027, compared with AU$1 per liter previously, the filing added.

The company shares rose 5% in recent trade.