Ramelius adds ounces to life-of-mine plan

A new life-of-mine plan for gold miner Ramelius Resources has confirmed the company’s ability to produce more than 1.4-million ouces of gold, at an average all-in sustaining cost of between A$1 250/oz and A$1 350/oz, over a six-year mine life.

“Building on last year’s landmark result of over one-million ounces contained within a detailed mine plan, the forward outlook of almost 1.5-million ounces following a record year of production in 2020, is a very pleasing result for Ramelius,” said MD Mark Zeptner.