Company Overview
Ramelius Resources Limited (ASX:RMS) is a Western Australian gold producer that has been listed on the ASX since 2003 and in production since 2006.
The company-making mine, Wattle Dam, was located approximately 70km south of Kalgoorlie and was at one stage the highest grade gold mine in Australia. It was operated successfully from 2006 to 2013.
Ramelius owns and operates two production and processing hubs at Mt Magnet and Edna May, both located in Western Australia. In addition, the Company mines and hauls ore from its ‘satellite’ operations at Penny, Marda & Symes Gold Mines, and is currently developing its Rebecca/Roe and Cue Gold Projects.
In January 2022, Ramelius completed the take-over of Apollo Consolidated Limited, taking 100% ownership of the Lake Rebecca Gold Project, now called the Rebecca Gold Project.
In June 2023, Ramelius completed the take-over of Breaker Resources NL, taking 100% ownership of the Lake Roe Gold Project, which is only 50km from the Rebecca Project.
In July 2023, Ramelius announced the take-over of Musgrave Minerals Ltd, who have 100% ownership of the Cue Gold Project, which is only 35km south of Mt Magnet.