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Rain a damper on Gold Road Resources as Ramelius cranks up profit to a record

Pelican Press

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Rain a damper on Gold Road Resources as Ramelius cranks up profit to a record

Busy mid-tier Ramelius Resources turned a $216.6 million profit for FY24 with improved grade spurred by a record gold price.

The result revealed Monday is a 252 per cent lift on the gold miner’s bottom line this time last year — and a company record —driven by underlying earnings going from $276.3m to $462.2m over the past 12 months.



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