CAPITAL MARKETS

Ramelius' $47M pre-tax profit guidance

GOLD miner Ramelius Resources expects to deliver a more than three-fold increase in its net profit before tax of $A47 million for the half year to the end of December 2010.

MiningNews.Net
Ramelius' $47M pre-tax profit guidance

This compares to $14.3 million for the same period in 2009. The expected consolidated pre-tax profit is based on gross gold sales revenue of $83.6 million from its Wattle Dam underground mine in Western...

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