HIGHLIGHTS  28% increase in gold production to 110,839...

HIGHLIGHTS
 28% increase in gold production to 110,839 ounces(2015: 86,653 ounces)
 33% increase in Revenue to A$173.7M(2015: A$130.4M)
 61% increase in EBITDA* to A$75.6M(2015: A$46.9M)
 71% increase in Profit after Tax to A$27.5M (2015: A$16.1M)
 Debt-free with 37% increase in net cash & bullion of A$49.7M(2015: A$36.3M)
 FY2017 production to increase a further 22% to 135koz at AISC of A$1,050/oz
Ramelius Resources Limited (ASX: RMS) is pleased to report a 71% increase in Profit
after Tax to A$27.5M for FY2016, capping a strong operational and financial
performance by its WA gold operations. Thiswas achieved on a 33% increase in sales
revenue to A$173.7M driven by greater gold sales.
EBITDA* rose by 61% to A$75.6M reflecting the higher production levels combined with
a reduction in All-in Sustaining Costs (AISC) to A$1,157/oz. The FY2016 average
received gold price increased by 9% to A$1,596/oz compared to FY2015. This reflected
the benefits of the gold forward sales program, which insulated revenues to a significant
degree from movements in the spot gold price.