Ramelius misses production guidance

ASX-listed gold miner Ramelius Resources has failed to meet its 30 000 to 34 000 oz production guidance for the March quarter, but MD Mark Zeptner said that the company was confident that production would bounce back in the June quarter. Ramelius produced 28 083 oz in the March quarter, of which the Mt Magnet mine contributed 17 774 oz and the Vivien mine 10 309 oz. Both mines are in Western Australia.