MANAGEMENT

Ramelius to stay at Mt Magnet for longer

Extends mine plan from 10 to 17 years

The Eridanus pit in 2024.

The Eridanus pit in 2024. | Credits: Ramelius Resources

A plan by Ramelius Resources to extend the mine life at Mount Magnet for a 17-year period to produce 2.1 million ounces of gold has not been received well by the market, with the miner's shares falling...

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