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Ramelius sees 22% increase in earnings

Gold miner Ramelius Resources has reported 22% increase in earnings before interest, tax, depreciation and amortization (Ebitda) for the half-year ending December.

Ebitda for the half-year reached A$49-million, compared with the A$40.3-million in the previous corresponding period, while revenue was up 38% to A$106.3-million in the same period on the back of a 31% increase in gold production, which reached 67 546 oz.