.
Ramelius Resources Limited (ASX:RMS) has commenced mining at its Western Queen South project in Western Australia.
The high grade open pit is north-west of the company’s Mt Magnet gold operation, where ore from the pit will be delivered.
Western Queen South has a forecast mine life of 12 months and is expected to produce approximately 23 thousand ounces of gold.
Ramelius says the Western Queen South deposit represents the first of a number of smaller high grade deposits to be mined at Mt Magnet, with the goal of maintaining overall production at 100 thousand ounces annually.
Ramelius Resources posted a $5.7 million loss in the first of fiscal 2013.
News: Ramelius digs deep at Western Queen South
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.96 |
Change
-0.040(2.00%) |
Mkt cap ! $2.242B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.02 | $1.96 | $6.529M | 3.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 80904 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 13842 | 3 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |