Australia's Ramelius Resources extends gains on share buyback plan

Ramelius Resources

11/12/2025 03:39

** Shares of Ramelius Resources RMS.AX extend gains, rise as much as 8.7% to A$3.88 to hit their highest level since October 21
** The gold miner unveiled a A$250 million ($166.03 million) share buyback programme on Wednesday

** Co increases its minimum dividend to 2 Australian cents per annum

** Shares have jumped 82.6% so far this year

($1 = 1.5058 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))