Ramelius eyes 130 000 oz production by 2016

Gold miner Ramelius Resources’ recent gold buys were expected to push its production to around 130 000 oz/y by 2016, CEO Mark Zeptner told delegates at the Diggers & Dealers conference. Zeptner said on Tuesday that for the 2015 financial year, Ramelius was expected to produce some 78 000 oz of gold, with the lion share being sourced from the company’s Mt Magnet operations, in Western Australia.