EXPLORATION & DEVELOPMENT

Ramelius delays Tampia, mine plan

RAMELIUS Resources has delayed its much anticipated revised life of mine plan so it can incorporate the high-grade deposits it is securing through its takeover of Spectrum Metals, but it has already flagged an increase in expected 2020-21 production to 250,000 ounces, up from 235,000oz.

 The Greenfinch pit will be a new ore source for Ramelius.

The Greenfinch pit will be a new ore source for Ramelius.

The miner also narrowed its 2019-20 guidance of 210,000-220,000oz at an improved all-in sustaining cost of A$1150-1250/oz.   Ramelius has just released a feasibility study into the Tampia deposit based...

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