Ramelius Resources (RMS) Noosa Mining Conference 2026 summary

Financial and Operational Highlights

• Market capitalization at AUD 5.5 billion as of June 2026, with AUD 650 million in cash and gold, and no debt.

• Achieved FY 2026 production of 192,000 oz, meeting guidance for the sixth consecutive year.

• Paid a fully franked interim dividend of AUD 0.03 per share in April 2026, totaling AUD 57.7 million, and completed over AUD 140 million in share buybacks to date.

• Sale of Edna May hub for AUD 300 million expected to close in September.

• Over AUD 320 million in dividends and AUD 142 million in buybacks delivered over the past seven years.

Project Development and Expansion

• Dalgaranga mining ramp-up proceeding to plan, with paste plant commissioning and infrastructure upgrades set for September.

• Mt Magnet camp expansion nearly doubles capacity to 500 rooms; mill upgrade to 4.3Mtpa with site works starting this quarter.

• Road upgrade between Dalgaranga and Mt Magnet enables daily haulage of 2,500 tons, with sealing planned this year.

• Hybrid power solution at Mt Magnet enhanced with two new 7 MW wind turbines, completing a 46 MW system integrating solar, battery, and wind.

• Rebecca-Roe project received state approval for the Roe section, with ongoing drilling for underground potential.

Exploration and Resource Growth

• Portfolio holds 12 million ounces in resources and over 4 million ounces in reserves; as of June 2025, Mineral Resources are 140Mt at 1.9g/t for 8.2Moz gold, with Ore Reserves of 69Mt at 1.9g/t for 4.2Moz.

• Mt Magnet strategy targets high-grade ounces to displace low-grade feed in the mill schedule from FY 2028–FY 2030.

• Significant mine life extensions at Galaxy and Cue, with new underground targets at Lena and Break of Day; high-grade intercepts at Eridanus, Franks Tower, and Gilbey’s.

• Rebecca-Roe’s Duke deposit shows underground potential with intersections up to 23.9m at 3.23g/t Au.

• Dalgaranga and Rebecca-Roe exploration focused on converting resources and identifying underground extensions.