Ramelius Resources Limited

At Ramelius, one of our core values is authenticity. One who regularly exemplifies this is Joel, Open Pit Mine superintendent at our Mt Magnet Gold Mine.  Joel has been a great asset to the Company, and we look forward to seeing the further enhancement of his career at Ramelius in the future. Mt Magnet has been a highly profitable operation for Ramelius, with multiple mining areas and historical production looking to push through 8Moz and beyond during its lifetime. It’s not without our exceptional workforce, that such success would be possible.

Ramelius' team Horse Power recently competed in Gold Industry Group's Corporate Netball tournament. The day of social fun and friendly competition consists of a round-robin game structure, wrapping up with presentations, a BBQ & sundowner drinks. This day is always an industry favourite! Congratulations to champions Gold Bar Guardians (Northern Star Resources Limited) who clinched victory over the Bellevue Blazers (Bellevue Gold) from Group A, and The Lions (AngloGold Ashanti Australia) triumphed over the Bullion Blazers (Northern Star Resources Limited) from Group B.

Ramelius is pleased to release the Rebecca-Roe Gold Project Prefeasibility Study and a PFS Results Presentation, both of which can be found on the Company's website via https://lnkd.in/e9_aXPz Managing Director, Mark Zeptner, today said: “The Rebecca-Roe PFS has demonstrated strong economic returns supporting our original acquisition decisions with a final investment decision targeted for July 2025. The Rebecca-Roe project will provide us with a new mining hub in an under-explored mining region, which we plan to take advantage of with our proven hub-and-spoke model. The long-term outlook positions the Rebecca-Roe Gold project as an able replacement for Edna May, which when combined with the Mt Magnet operation, establishes a consolidated profile from FY26 of average annual gold production over 220,000 ounces per annum at an AISC below A$2,050 per ounce. It is also important to note that this is before any upgrades to the Mt Magnet mine plan that are currently the subject of separate studies primarily focussed on the Eridanus deposit.” Mark Zeptner & Darren Millman this morning held an investor conference call to discuss the PFS. The recording of the call is available on the Company’s website via https://lnkd.in/g4y_KAv3

Ramelius Resources was proud to recently sponsor CoRE Learning Foundation's Wheatbelt Resources Challenge, which brought together regional schools for a day of teamwork and problem-solving. Judged by Ramelius employees and Suzy Urbaniak OAM, the day showcased student talent, communication skills and collaboration. Year 9/10 mentors led younger students in a race to take "gold" from pit to mill, with St Mary’s School narrowly winning by 0.5 points. As a proud sponsor, we are pleased to see the event continue to grow year upon year, fostering community connections and inspiring future leaders.

ANNOUNCEMENT | Today, we’re excited to strengthen our partnership with Netball WA, West Coast Fever, and Shooting Stars through our largest commitment yet - one of the most significant investments into women’s sport in Australia! This new three-year agreement underscores the gold industry’s dedication to empowering women, strengthening community bonds, and championing young leaders. Speaking this morning at the Gold Netball Centre, our Chair, Kelly Carter, emphasised that this partnership was about creating “lasting, positive change in the communities where we live and work.” “With this renewed investment, we aim to amplify the incredible work Netball WA is doing to foster inclusivity and community through sport, ensuring that every young person in WA has the opportunity to play, dream, and reach their potential.” This partnership is made possible thanks to the extraordinary support from funding members Northern Star Resources Limited, GOLD FIELDS, AngloGold Ashanti Australia, Gold Road Resources, Bellevue Gold, Ramelius Resources Limited, and Gold Corporation - The Perth Mint. Together, we’re building a legacy that will resonate for generations. Read more here: https://bit.ly/3Z4CSoT #gold #goldmining #proudpartner #community #netballwa Netball WA & West Coast Fever Shooting Stars - Glass Jar Australia

Ramelius Resources today released its full Quarterly Activities Report for the September 2024 Quarter. HIGHLIGHTS o No Lost Time Injuries (LTI) recorded during the Quarter, with the Group not recording an LTI since May 2023 o Quarterly Group gold production of 62,444 ounces at an AISC of A$1,965/oz, which includes $376/oz (non-cash component) for the draw down of existing stockpiles at Edna May. Excluding the non-cash component, results in an AISC of A$1,589/oz o Ore mining commenced ahead of schedule at Cue with 35,359 tonnes at 10.2g/t for 11,574 ounces of high-grade currently stockpiled at site with ore haulage planned to commence in early November 2024 o Full Year Guidance remains at 270,000 – 300,000oz at an AISC of A$1,500 – 1,700/oz with Mt Magnet production weighted to the second half when the high-grade Cue and Penny ore is processed o Cash & gold of A$438.6M (June 2024 Qtr: A$446.6M), with operating cash flow of A$111.2M and underlying free cash flow of A$89.6M. In July 2024, the Company also invested A$97.6M in Spartan Resources shares, increasing ownership to 18.35% o New open pit Production Target1 at Eridanus of 12 – 16Mt at 1.2 – 1.6g/t for 575 – 775koz o Optimal size for Mt Magnet mill expansion now firming as 3Mtpa, following a study evaluating 2.5Mtpa up to 4Mtpa. Updated Mineral Resource for Eridanus and mill expansion Study outcomes planned for December 2024. Targeted study outcomes: - Increased throughput, increased gold production - Maintaining recoveries at current levels or better - Reduction in operating cost per tonne - Lower overall AISC for the Mt Magnet mine plan o The integrated Rebecca-Roe PFS is on track for delivery in December 2024 o New revolving corporate facility in place for A$175M (undrawn) over a four-year term o Exploration drilling highlights for the Quarter include: - Eridanus (Mt Magnet) ➢ 18.0m at 9.53g/t Au from 42m ➢ 2.2m at 32.4g/t Au from 508.2m ➢ 17.0m at 6.33g/t Au from 206m ➢ 17.0m at 12.2g/t Au from 224m ➢ 12.1m at 11.0g/t Au from 636m ➢ 4.6m at 48.3g/t Au from 67.5m - Lena (Cue) ➢ 2.6m at 18.7g/t Au from 191m - Crescent-Kopai (Rebecca-Roe Project) ➢ 15m at 5.50g/t Au from 160m For full details on today’s ASX Releases, please click here https://lnkd.in/gDxXrMJG Mark Zeptner & Darren Millman this morning held an investor conference call to discuss the Quarterly Report. The recording of the call will be available on the Company’s website later today, via https://lnkd.in/dMtnQA63

We are pleased to have released our 2024 Annual Report, highlighting our progression and achievements during the past financial year, which was a record year for Ramelius on many financial and operational metrics, with a strong set of results being recognised. Managing Director / CEO, Mark Zeptner said: "It is with no small amount of pride that I look back on Ramelius’ performance in FY24. For the second year in a row, our financial results were, on just about every metric, an improvement on the prior year."

On Friday we received a phone call from MACA Ltd, announcing that we had won the second prize of $25,000 in the 2024 MACA Cancer 200 raffle.   Through the raffle, MACA was able to raise a whopping $104,100 which went towards WA cancer research at the Harry Perkins Institute of Medical Research.   We’re always eager to reward our workforce, so we divided the prize, awarding $1,000 each to 25 Ramelius employees across the group.   Thanks again MACA & congratulations to our staff members who were the lucky winners!

Congratulations to Ramelius’ team Horse Power, who partook in the MACA Cancer 200 ride over the weekend, smashing an epic 200km. The ride drew in approximately 2000 cyclists, raising a record $10.1 million for cancer research!  The two-day event is a strenuous but immensely rewarding journey with stops every 20km that provide bike repairs, first-aid, food and drink.   The Ramelius team were cheered in at the finish line at Optus Stadium yesterday, moving onto the Camfield for a well-deserved cold beer shortly thereafter. 

Meet Ryan - Environmental Advisor at our Edna May Gold Mine. After getting his Degree in Environmental Science, he was eager to get into the industry as soon as possible.   It’s great to hear that Ryan feels Ramelius is full of people that really look after you (even if this means looking after you when you get bogged!) Ryan shared his amusing memory of getting bogged at site when he first started at Ramelius, getting rescued by the Processing Trainer who made it his mission in life to remind him every chance he got.   Read more about Ryan here: https://lnkd.in/gabG5ivA