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RMS — Ramelius Resources News Story

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Australia's Ramelius Resources gains but set for weekly fall on lower output

BUZZ-Australia's Ramelius Resources gains but set for weekly fall on lower output

** Shares of Australia's Ramelius Resources RMS.AX up as much as 1.1% at A$3.75

** Gold prices stronger on the day on softer dollar and easing yields GOL/

** Shares of gold miner, however, set for worst weekly performance since Sept 14; on course for weekly drop of 3.9%

** The gold miner had previously reported preliminary Sept-quarter production of 48,839 ounces, compared with 55,013 ounces a year earlier

** Production was marginally impacted by wet weather, co added

** Stock down 10.2% YTD


(Reporting by Shravya Marakini in Bengaluru)

((shravya.marakini@thomsonreuters.com;))

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