Ramelius Resources Limited (RMS) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Remelius Resources half-year results briefing. All participants are in a listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question via the phones, you will need to press the star key followed by the number 1 on your telephone keypad. To ask a question via the webcast, please type it into the Ask a Question box and click Submit. I would now like to hand the conference over to Mark Zeppner, CEO and Managing Director. Please go ahead. Thank you, Travis. Good morning, everyone. Thank you for joining us to discuss our half-year results to December 2025. Alongside me is our CFO, Darren Millman. Today, I'll start with a brief overview of the operating performance and some recent updates at Dalgorenga before Darren goes through the underlying earnings and financials in more detail. We have uploaded to the ASX this morning, along with our website shortly, a number of documents including our half year 26 financial summary, the half year accounts, interim dividend and a presentation that we'll largely be speaking to this morning. So we start on slide three. Here we set out our gold production for the last two and a half years. Operationally, performance was in line with our expectations highlighted in the five-year growth pathway released last October. As you can see in the graph, this period is our lowest production level with 101,000 ounces produced, with Edna May being placed into carrying maintenance in FY25, and the Kew Mine's performance returning closer to geological model predictions. Production is on track to deliver FY26 guidance, which is a touch below 200,000 ounces for this year. Moving on to slide four, we announced yesterday that first of all, the Never Neve...