Ramelius Resources Says Gold Sales for Rest of Year to Reduce to About 13% of Produciton
MT Newswires Live
Jan 29
Ramelius Resources (ASX:RMS) said that for the rest of the fiscal year, its gold sales will reduce to about 13% of gold production or one to three thousand ounces per month, to enable increased exposure to gold market prices, according to a Thursday filing with the Australian bourse.
Revenue from gold sales for the December 2025 quarter of AU$235.6 million was impacted by about 37% of the sales being hedged, resulting in a loss in gold sales revenue of AU$53.4 million, the filing said.
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