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Ramelius Resources Ltd

Ramelius Resources has reached 90% ownership of Explaurum Limited

Ramelius Resources Limited (ASX:RMS) (FRA:RRZ) CEO Mark Zeptner talks Proactive Investors through the gold producer's project portfolio and recent major transactions.

Zeptner says, "Effectively we've got our hands on the [Explaurum Limited] project... we'll look to transition that asset into our portfolio over the next few months. And also this week we'll finalise the acquisition of the Marda gold project... these two new projects are proximal to our Edna May operating centre."

At the company's AGM in November, a new dividend policy was announced. In its December quarterly report, Ramelius updated production guidance for FY2019 and gave an indication as to expectations for FY2020.

Quick facts: Ramelius Resources Ltd

Price: $1.14

Market: ASX
Market Cap: $746.69 m
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