Ramelius Resources reported gold production of 48,839 ounces at an all-in sustaining cost of A$2,656 per ounce for the September 2026 quarter. The company said weather interruptions to haulage from Penny in September affected production and AISC, leaving 29,000 tonnes of stockpiled material grading 4.52g/t for 4,202 contained ounces that it expects to process in the next quarter.
The company reported cash and gold of A$768 million at the end of the quarter, compared with A$650 million in June 2026. Operating cash flow was A$186 million and underlying free cash flow was A$62 million, including sustaining capital, growth capital, exploration investment and income-tax payments. Ramelius said it remains on track for its full-year guidance of 205,000 to 225,000 ounces at an AISC of A$2,150 to A$2,350 per ounce.
Ramelius appointed Primero under a lump-sum EPC contract for a new 3Mtpa Circuit 2 at the Mt Magnet processing plant. The company said the upgraded plant is targeted for completion in the December 2027 quarter, with commercial production targeted in the March 2028 quarter.
Source: Download RMS official ASX announcement, 2026-10-26.
Aerial photograph of the Never Never open pit at Dalgaranga, from Ramelius Resources' 26 October 2026 quarterly activities announcement.