Ramelius increases full-year expectations

ASX-listed gold miner Ramelius Resources on Tuesday upgraded its full-year production guidance from 78 000 oz to 83 000 oz, as its Mt Magnet mine continued to defy expectations. Ramelius earlier this month reported that the Mt Magnet mine had delivered a record 23 235 oz of gold during the quarter ended December, contributing to a group quarterly production of 24 241 oz of gold.