
Ramelius Resources: The record-breaker
Ramelius Resources (ASX: RMS) continues to top itself with two new projects coming online in 2021 and record-breaking results in FY20. This comes off the back of two successful operational start-ups in FY20 at the Marda gold project, where a total of 449kt was mined at a grade of 1.78g/t for 25,656oz of contained gold, and the Greenfinch open pit at the Edna May gold mine, with a total of 117kt mined at a grade of 0.89g/t for 3380oz of contained gold. Wrapping up FY20, the company produced 230,426oz of gold, spent $19.8m on exploration and delivered a $113.4m profit after tax, a 420% improvement on the year before. Ramelius exceeded production guidance in the June and September 2020 quarters...