Gold miner Ramelius increases net profit in FY23, declares dividend

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Gold miner Ramelius increases net profit in FY23, declares dividend
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A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.

- West Australia-focused gold miner Ramelius Resources today announced gold production of 240,996 ounces for the financial year ended 30 June 2023 , compared to 258,625 ounces in FY22.

Ramelius said that its net profit after tax improved nearly five times in FY23 due in part to lower non-cash impairments made to the Edna May cash-generating-unit last year.

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