https://www.marketindex.com.au/asx/rms/announcements/ramelius-announces-a-250m-share-buyback-program-6A1302524

Ramelius flags $250m buyback, dividend boost - The Australian

Gold miner Ramelius Resources will buy back up to $250m worth of its shares and increase its minimum dividend to 2c per share per annum as part of its “capital allocation pillars” in FY26 and FY27.

The three pillars outlined are: re-investment into the business, increase in shareholder returns and maintain a strong balance sheet.

The update comes as Ramelius pursues its five-year production target of 500,000 ounces of gold.

The company told shareholders it will continue its development of the Never Never underground mine at Dalgaranga during FY26 and FY27 with steady state production of 1 million tonnes per annum scheduled to be achieved in early FY28.

In the second half of this fiscal and through FY27, Ramelius will be investing in the Mt Magnet hub by upgrading the processing plant with the throughput increasing to 4.3mtpa by the September 2027 quarter – from 1.8mtpa-2mtpa currently.

“This capital management initiative is underpinned by our track record of consistently delivering strong free cash flow and our confidence that it will continue into the future,” managing director Mark Zeptner said.

Held (First gold stock I have bought)