{"id":523,"date":"2011-03-01T12:15:13","date_gmt":"2011-03-01T01:15:13","guid":{"rendered":"http:\/\/www.australian-gold.com\/blog\/ramelius-triples-first-half-net-profit\/"},"modified":"2011-03-01T12:15:13","modified_gmt":"2011-03-01T01:15:13","slug":"ramelius-triples-first-half-net-profit","status":"publish","type":"post","link":"https:\/\/www.australian-gold.com\/blog\/ramelius-triples-first-half-net-profit\/","title":{"rendered":"Ramelius triples first half net profit"},"content":{"rendered":"<p>Those that follow this blog may remember a few months ago <a href=\"http:\/\/www.australian-gold.com\/blog\/?s=Ramelius\">I posted several times<\/a> about Ramelius ASX:RMS&#8230;. the story below confirms my expectations&#8230;.<\/p>\n<p>Gold miner Ramelius Resources Ltd has more than tripled its first half net profit after a four-fold rise in revenue from gold sales.<\/p>\n<p>Net profit for the six months to December 31 was $32.29 million, up from $10.07 million for the previous corresponding period.<\/p>\n<p>Sales of gold from its Wattle Dam mine, near Kambalda in Western Australia, totalled $83.66 million compared to $20.61 million for the first half of 2009\/10.<\/p>\n<p>The average gold sales price was $A1,387.48 per ounce, up from $A1,249.42 per ounce.<\/p>\n<p>Ramelius ended December with $75.63 million cash on hand, compared with $21.46 million at the end of 2009.<\/p>\n<p><a href=\"http:\/\/news.ninemsn.com.au\/article.aspx?id=8217547&quot;&gt;\">Read the full AAP article<\/a><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.australian-gold.com\/blog\/wp-content\/uploads\/2010\/12\/ramelius-handful-600x516.jpg\" alt=\"Ramelius Golden handful\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Those that follow this blog may remember a few months ago I posted several times about Ramelius ASX:RMS&#8230;. the story below confirms my expectations&#8230;. Gold miner Ramelius Resources Ltd has more than tripled its first half net profit after a four-fold rise in revenue from gold sales. Net profit for the six months to December [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-523","post","type-post","status-publish","format-standard","hentry","category-gold-blog"],"_links":{"self":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/comments?post=523"}],"version-history":[{"count":0,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/523\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/media?parent=523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/categories?post=523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/tags?post=523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}