Ramelius updates on Dalgaranga-Mt Magnet integration, Rebecca-Roe project

Ramelius Resources Limited reported significant progress on the Dalgaranga and Mt Magnet Hub integration, with the Dalgaranga Integration Study on track for the December 2025 Quarter. Underground infill drilling at Dalgaranga's Never Never and Pepper deposits yielded high-grade results. Development of the Juniper decline is on budget, with ore body mineralisation intersected in late July 2025.

The company also announced revised timing for the Rebecca-Roe Gold Project Definitive Feasibility Study, now scheduled for the December 2025 Quarter. This aligns with Ramelius' 5-Year Plan and capital allocation strategies for the combined business, aiming to create a leading Western Australian gold company with a +500koz pa production vision by FY30. Ramelius has also exercised buy-back rights to reduce royalties on the Dalgaranga Gold Project from Osisko Gold Royalties and Taurus Mining Royalty Fund for a total consideration of $4.375 million, reducing the aggregate royalty from 2.5% to 2%.

FY25 saw Ramelius achieve a record gold production of 301,664 ounces and record underlying free cash flow. The Mt Magnet Hub produced 248,108 ounces of gold at an AISC of A$1,314 per ounce. The company plans to increase exploration expenditure up to A$100 million for FY26.