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Rambler thumps expectations

A strong fourth quarter helped Canadian miner Rambler Metals significantly exceed the top range of its production guidance
August 27, 2014

A strong fourth-quarter performance saw dual-listed Canadian miner Rambler Metals & Mining (RMM) exceed the top range of its production guidance by between 9 per cent and 35 per cent, depending on the metal.

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The company produced roughly 7,500 tonnes of copper, 6,900 ounces of gold and 52,500 ounces of silver in the year ending 31 July 2014. The guidance given for 2015 is slightly lower than this as mining operations move to an area with lower copper grades. But broker finnCap says Rambler could certainly beat forecasts again.

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