Ramelius Resources Gold Portfolio

Ramelius Resources (ASX:RMS) is an established Australian gold producer operating in Western Australia. FY25 group production reached a record 301,664oz at AISC of A$1,551/oz, with sales of 302,882oz at an average realised price of A$3,963/oz. The portfolio operates a hub-and-spoke model around the Checkers processing plant at Mt Magnet, fed by the Mt Magnet, Cue, and Penny mines, with Edna May placed into care and maintenance in March 2025. The transformational acquisition of Spartan Resources Limited completed on 31 July 2025 (post FY25 balance date) added the Dalgaranga gold project, including the high-grade Never Never and Pepper deposits and a 2.5Mtpa processing plant. Pro-forma Mineral Resources stand at 12Moz Au (210Mt @ 1.8g/t) and Ore Reserves at 2.4Moz Au (57Mt @ 1.3g/t), both inclusive. Strategic vision is to become a 500koz+ pa producer by FY30, supported by the Rebecca-Roe Gold Project DFS (due Dec 2025 Q) east of Kalgoorlie. Company market capitalisation exceeded $7B by late September 2025, propelling RMS into the ASX100.