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BRIEF-Ramelius Resources Posts Qtrly Gold Production Of 45,286 Ounces

Published 30/04/2019, 07:55 pm
© Reuters.  BRIEF-Ramelius Resources Posts Qtrly Gold Production Of 45,286 Ounces
RMS
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April 30 (Reuters) - Ramelius Resources Ltd RMS.AX :

* QTRLY GOLD PRODUCTION OF 45,286 OUNCES AT AN AISC OF A$1,210/OZ

* GROUP GOLD PRODUCTION FOR FY2019 EXPECTED TO REMAIN BETWEEN 190-210,000 OUNCES AT AN AISC OF A$1,175 - 1,225/OZ

* QTRLY GOLD SALES OF 47,420 OUNCES FOR TOTAL REVENUE OF A$83.4 MILLION FROM AN AVERAGE GOLD PRICE OF A$1,758/OZ

* GROUP GOLD PRODUCTION FOR JUNE 2019 QUARTER IS EXPECTED TO BE BETWEEN 45,000- 50,000 OUNCES

* FY2020 BUDGET PROCESS IS PROGRESSING WITH AN INITIAL PRODUCTION ESTIMATE FOR FY2020 OF 230-250,000 OUNCES

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