Following receipt of the final outstanding statutory approval late last week, the company will commence site mobilisation and infrastructure work immediately.
Open pit mining is expected to commence by 1 July 2015 with first ore being trucked to the Checker mill at Mt Magnet later in the September 2015 Quarter.
Ramelius chief executive Mark Zeptner said: "As planned, a key element of our production strategy has fallen into place wi th final approvals received from the relevant authorities, allowing project commence ment in the current June 2015 Quarter. Our selected open pit contractor, Wa tpac, has commenced mobilisation to site and we are now finalising othe r related contracts and agreements."
"In the current environment, it is pleasing to be a ble to kick off a new project with the associated employment and royalty benefits for the state, as well as the strong early cashflows that a high grade, low cost gold project like Kathleen Valley will deliver. Ramelius also looks forward to finalising arrangements for the nearby Vivien gold project, to allow for formal und erground mining commencement, in the near future."
