Ramelius improves production outlook

Gold miner Ramelius Resources said on Monday it expected to set new production records in both the December quarter and for the full 2018 financial year, with the addition of the Edna May mine, in Western Australia. The miner said that group production for the December quarter was expected to be between 51 000 oz and 55 000 oz, at an all-in sustaining cost (AISC) of about A$1 250/oz.