Denver Gold Group member
Ramelius Resources Limited
- ASX: RMS
- Producer
- Gold
- Perth, Australia
Company profile
Ramelius Resources Limited is a low-cost gold producer with highly profitable operations in Western Australia. Listed on the ASX since 2003, the company reached a significant corporate milestone in September 2025 by entering the S&P/ASX 100 index, reflecting its rapid growth and a market capitalisation that now exceeds A$8.5 billion. Ramelius operates a successful ‘hub and spoke’ model with its Mt Magnet processing hub and plans to develop the Rebecca-Roe gold project with targeted production in 2028.
The company’s growth trajectory was further accelerated in 2025 by the transformative A$2.4 billion combination with Spartan Resources, which added the high-grade Never Never deposit to its portfolio. Currently executing on a five-year strategy to reach 500,000oz of annual gold production by FY30, Ramelius maintains an exceptionally strong balance sheet with zero debt and a cash position of approximately A$700 million. The highly profitable business has enabled gold-industry leading shareholder returns, demonstrated recently with the announcement of a new A$250 million share buyback program. Ramelius remains focused on consistent delivery to guidance and is in pursuit of new-high grade discoveries within its portfolio.
At Mining Forum Australia
A Denver Gold Group member company
Member companies meet qualified investors in unmediated 1x1 Meetings at every Mining Forum. The 2027 issuer list is published as companies confirm.
Peer groupthe five most similar Denver Gold Group members, 1 = most similar
| Rank | Company | Stage | Minerals | Primary operations | Market cap | 2025 production | Reserves | Match by factor |
|---|---|---|---|---|---|---|---|---|
| This company | Ramelius Resources LimitedASX: RMS | Producer | Gold | Australia | $4.7B | 301,664 koz | 2.4 Moz | |
| 1 | Vault MineralsASX: VAU | Producer | Gold, Copper | Australia | $4.5B | |||
| 2 | Greatland ResourcesASX: GGP | Producer | Gold, Copper | Australia | $5.2B | 198,319 koz | 4 Moz | |
| 3 | Catalyst MetalsASX: CYL | Producer | Gold | Australia | $1.2B | |||
| 4 | Evolution MiningASX: EVN | Producer | Gold, Copper | Australia | $19B | |||
| 5 | Regis Resources LtdASX: RRL | Producer | Gold | Australia | $4.1B | 373 koz | 3.9 Moz |
close partial distant not reported Dots run in the order market cap, stage, minerals, country, production, reserves. Similarity weighs market capitalisation 25%, stage of development 20%, primary and secondary minerals 20%, primary country of operations 10%, production 12.5% and reserves 12.5%, with sizes compared on a logarithmic scale. Production and reserves are compared only between companies with the same primary mineral, and a figure a company has not supplied is left out of the score instead of counting against it. A statistical grouping for orientation, not a recommendation or a valuation comparison.
Prepared for information only; it is not investment advice or a recommendation. Company data as supplied to Denver Gold Group by member companies and public market sources. Market figures in US dollars as at 20 September 2026.