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UNDERGROUND

Penny drops for Ramelius

RAMELIUS Resources has foreshadowed consistent production and falling all-in sustaining costs over the next three years as the high-grade, low-cost Penny mine starts operations in 2023.

Karma Barndon
Penny gold mine

Penny gold mine

The underground Penny gold mine is part of Ramelius' greater Mount Magnet project in Western Australia. With mineral resources of 530,000 tonnes grading at 17.2 grams per tonne of gold for 290,000 ounces,...

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