Ramelius Resources (ASX:RMS) reported group gold production of 73,454 ounces at an all-in sustaining cost of AU$1,339 per ounce in the June quarter, compared with production of 82,058 ounces at an all-in sustaining cost of AU$1,362 per ounce, according to a Tuesday Australian bourse filing.

This was over the upper end of the upgraded production guidance range of 62,000 ounces to 72,000 ounces.

Its gold sales revenue during the period was AU$336 million.

It reported a record annual group gold production of 301,664 ounces at an all-in sustaining cost of AU$1,551 per ounce in the fiscal year, also exceeding the upper end of the upgraded production guidance range of 290,000 ounces to 300,000 ounces.

Its fiscal year 2024 annual group gold production came in at 293,033 ounces at an all-in sustaining cost of AU$1,583 per ounce.

The firm said that its acquisition of Spartan Resources (ASX:SPR) is proceeding as planned, and the scheduled Implementation date is Thursday, July 31.