Australia's Ramelius Resources rises on record gold production

Ramelius Resources

07/07/2025 02:41

** Ramelius Resources RMS.AX rises as much as 3.78% to A$2.47; marks biggest intraday pct gain since June 12

** Stock last up 2.3%; fifth-biggest pct gainer on ASX All Ordinaries Gold Index .AXGD

** Gold miner clocks record production of 73,454 ounces of the yellow metal in the June quarter

** Expects full year all-in sustaining costs (AISC) at the lower end of upgraded outlook of A$1,550–A$1,650 per ounce

** RMS gains ~15% this year, as of last close

 (Reporting by Roushni Nair in Bengaluru)

 ((Roushni.nair@thomsonreuters.com;))