Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Ramelius Resources Provides Update to Mine Plan from Portfolio of Assets Located in WA

02 Aug 2021  |  09:30:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Ramelius Mine Plan increases 27% to 1.84M oz

Ramelius Resources provided an update to its Mine Plan from its portfolio of assets located in WA. The Edna May Stage 3 Pre-Feasibility Study will continue until 31 December 2021. With planned drilling in the northern (Golden Point) area and market fluctuations affecting a number of study inputs, more time is required to appropriately finalise mineable resources, capital and operating costs. Scoping Study work at Mt Magnet has identified the opportunity to bring forward the Galaxy underground, given its potential to commence earlier than the Eridanus underground, which requires the Stage 2 open pit to be completed in FY 2024 before development can commence.

Please click here for full details

See more ASX300 News Announcements