EXPLORATION & DEVELOPMENT

Market frowns on new Ramelius resource

AFTER making a splash this year with a series of spectacular gold grades from its Wattle Dam project, Ramelius Resources has released a modest initial resource for the project of some 540,000 tonnes at 4.8 grams per tonne gold, containing 83,200oz.

Kate Haycock
Market frowns on new Ramelius resource

The market took a dim view of the news and wiped as much as 33c or 20% from Ramelius’ share price, sending it down to a low of $1.28 this morning. The company’s share price has since climbed back to around...

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