Gold miner Ramelius Resources has reported a 420% increase in net profits after tax for the 2020 financial year, on the back of higher gold prices and increased production.
Net profit after tax for the full year reached A$113.4-million, up from the A$21.8-million reported in the 2019 financial year, with earnings before interest, tax, depreciation and amortization increasing from A$112.2-million to A$256-million in the same period.