Ramelius to further lift output

ASX-listed gold miner Ramelius Resources was targeting gold production of nearly 100 000 oz/y by the second half of 2016, as the development of its Vivien and Kathleen Valley gold mines progressed. Ramelius on Friday reported that the company had sold 88 706 oz of gold in the financial year ended June, after having hit all of its quarterly production targets at the Mt Magnet mine, in Western Australia.