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Ramelius Resources Raises Gold Production Outlook Amid Resilient Demand

Guavy AI Editorial Team
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Gold
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Ramelius Resources has raised its FY27-30 production outlook by approximately 5% due to improved grades at Mt Magnet.

The company now expects to produce between 560,000 and 610,000 ounces of gold in FY30, up from the previous range of 500,000 to 550,000 ounces.

Gold demand remains resilient despite higher yields and a stronger U.S. dollar, with investor demand supported by continued ETF inflows and physical demand strengthening in India due to wedding-related demand.

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