Ramelius Resources Limited

At Ramelius, one of our core values is authenticity. One who regularly exemplifies this is Joel, Open Pit Mine superintendent at our Mt Magnet Gold Mine.  Joel has been a great asset to the Company, and we look forward to seeing the further enhancement of his career at Ramelius in the future. Mt Magnet has been a highly profitable operation for Ramelius, with multiple mining areas and historical production looking to push through 8Moz and beyond during its lifetime. It’s not without our exceptional workforce, that such success would be possible.

Meet Ryan - Environmental Advisor at our Edna May Gold Mine. After getting his Degree in Environmental Science, he was eager to get into the industry as soon as possible.   It’s great to hear that Ryan feels Ramelius is full of people that really look after you (even if this means looking after you when you get bogged!) Ryan shared his amusing memory of getting bogged at site when he first started at Ramelius, getting rescued by the Processing Trainer who made it his mission in life to remind him every chance he got.   Read more about Ryan here: https://lnkd.in/gabG5ivA

Ramelius was the joint major sponsor for the Southern Cross 2 Day Motorcycle Enduro held last week. The annual event draws in hundreds from different towns in the Wheatbelt and is undoubtably a standout event for the locals. Ramelius staff attended to support the event and assisted with timing the riders at a few of the checkpoints, which spanned across almost 370km of track out in the bush! Our Edna May mine manager was also able to pop down to show support and meet the event hosts. At Ramelius, we believe that a sustainable gold producer should deliver more than just financial benefit. It’s about the way we do business and the relationships we build with not only our people, but the people within the communities in which we operate.

Ramelius is a strong advocate of mental health support services and places great importance on the health and well-being of our workforce.   Today, is “R U OK? Day”, and the theme is “I’m here to hear,” reminding us all of the importance of checking in on our friends, family & colleagues when there’s a change in behaviour, or even just to see how they’ve been lately.   We recently rolled out blue high vis shirts for our employees, in recognition of this important day. In conjunction, for the month of September we have partnered with Beyond Blue to run a Dollar Match fundraising initiative, whereby Ramelius is matching each donation made by our workforce, to Beyond Blue.   All funds raised will go towards Beyond Blue’s 24/7 support service, providing immediate, short–term counselling, mental health information and referrals to anyone in Australia via telephone, webchat and email 24/7.   For our office staff who don’t get the opportunity to wear a blue shirt today, they are indulging in sweets this morning in the office.

Ramelius are big supporters of Gold Industry Group's National Education Program. We share GIG’s belief that knowledge is the key to securing the future of our industry. The interactive incursions are delivered by passionate workers in Australia’s gold industry, to educate students about the significance of gold, how it has helped shape our nation and the diverse range of careers available in the industry. We highly recommend the program to industry professionals interested in trying something different, guaranteeing you will walk away with an immensely rewarding experience.

Steve is Ramelius’ Corporate Counsel and Assistant Company Secretary. After coming on board about 8 months ago, he shared that the standout for him has been how welcoming and engaging everyone has been from day one. “Whether it’s been at the operations on the mines, in the Perth office, or with members of the Board, everyone I've met is genuinely positive about the work they do and the impact they have on the Company” Steve shared. The best piece of advice he has received in his life is “not every hill is worth dying on" which he explains, helped him when negotiating outcomes in his day-to-day role, be that with a regulator, for a position in a contract or seeking to resolve a dispute. Essentially meaning that it’s better to focus on matters that have significant consequences, rather than getting bogged down by small or trivial issues. Thanks for sharing with us, Steve. Read more here https://lnkd.in/gbCYDF_P

Ramelius today released an updated Mineral Resources and Ore Reserves statement, as at 30 June 2024. Total Mineral Resources are estimated to be 180 Mt at 1.5 g/t Au for 8.7 Moz of gold. Total Ore Reserves are estimated to be 20 Mt at 1.6 g/t Au for 1.1 Moz of gold. Ore Reserves increased year-on-year following record production during FY24 due to: • Significant additional contribution from the Cue Gold Project acquired in FY24, with additional conversion of Resources to Reserves expected in FY25 from the Break of Day Underground and recent drilling likely to also expand open pit designs • A Maiden Ore Reserve of 1.3Mt @ 2.1g/t for 87koz for Bartus Underground • Conversion of FY24 Penny Mineral Resource extensions Mineral Resources yet to convert to Ore Reserves include the following (in size order): • Roe (1.8Moz) and Rebecca (1.4Moz) with PFS due December 2024 Quarter • Eridanus (1.2Moz) with underground/open pit studies due by December 2024 • Edna May (1.0Moz) to remain as a Resource only given decision not to proceed For full details on today’s ASX Release, please click here: https://lnkd.in/gjKMv-my

Our Community Programs are at the heart of Carey Right Track, and we are so grateful to our partners who support us so that we can continue to deliver these valuable programs. We would like to thank and acknowledge Ramelius Resources Limited for their continued support of our Mount Magnet school and community program. We have been able to send a team fortnightly to Mt Magnet during the school term for almost 12 months now, allowing us to offer consistency and opportunity to the community. We absolutely love what we do, however, we know that we can't do it alone, thank you 🙏

Ramelius Resources is pleased to report its financial and operational performance for the Financial Year ending 30 June 2024. Additional information is provided in the Appendix 4E, Financial Statements and Presentation released today, found on the Companies website: https://lnkd.in/e9_aXPz FY24 HIGHLIGHTS - Gold sales of 293,966 ounces at AISC of A$1,583/oz - Revenue from ordinary activities of A$882.6M (FY23: A$631.3M), up 40% - Statutory net profit after tax of A$216.6M (FY23: A$61.6M), up 252% - EBITDA of A$451.3M (FY23: A$256.7M), up 76% - Underlying EBITDA of A$462.2M (FY23: A$276.3M), up 67% - Underlying net profit after tax of A$200.3M (FY23: A$75.3M), up 166% - Cash flow from operations of A$454.8M (FY23: A$259.6M), up 75% - Net cash and bullion of A$446.6M (FY23: A$272.1M), up 64% - Strategic investment in Spartan Resources Limited of 8.9% in FY24, increased to 18.35% in July 2024, valued at A$274.1M (Cost: A$185.2M) - Renewed and upsized (+A$25M) Revolving Corporate Facility of A$175M over a four-year term (nil drawn) - Board approves investment into a renewable energy solution (solar, battery & wind) as part of a long-term power purchase agreement at Mt Magnet - Fully franked dividend of 5.0 cents per share (FY23: 2.0cps), up 150%

We're grateful for the continued support of corporate sponsors like Ramelius Resources Limited, who help us deliver the finest health care across Western Australia ❤️💙   Ramelius funds a Hamilton T1 Ventilator — an essential piece of equipment for safely transferring our ventilated patients across the State 🙌 #Aviation #Ramelius #Mining #RFDSWA