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Oz gold miner Ramelius passes $100M cash

Corporately active Ramelius Resources (ASX: RMS) has increased its cash holdings to more than A$102 million (US$72 million) after an in-line production quarter and additional spending on developments and acquisitions.

Michael Quinn
Ramelius' Nullagine gold operations in Western Australia

Ramelius' Nullagine gold operations in Western Australia

The $7 million increase in cash compares to the $20 million added in the June quarter and $13.6 million in the March period. However, capital expenditure in the March and June quarters of $6.5 million...

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