Ramelius adjusts forecasts

Gold miner Ramelius Resources has adjusted its full year expectations after setting a new production record.

The ASX-listed miner on Monday said that gold production for the June quarter is expected to reach around 80 000 oz, up from the previous guidance of between 65 000 oz to 70 000 oz, while full year production is expected to reach between 225 000 oz and 230 000 oz, up from the previous estimate of between 210 000 oz and 220 000 oz.