Key Highlights

  • 48,839oz at A$2,656/oz AISC.
  • 70,131oz gold and 2,927t copper at $2,925/oz AISC.
  • Record 3.4Mt ore mined, up 20%.
  • The three companies reported quarterly operating results.

Three ASX resource producers published September 2026 quarterly reports. Ramelius Resources (ASX:RMS), Greatland Resources (ASX:GGP) and Sheffield Resources (ASX:SFX) each published an update that is covered below.

Ramelius Resources (ASX:RMS): Output

Haulage from Penny was interrupted by weather in September, leaving 29kt at 4.52 g/t (4,202oz) stockpiled for next quarter. Guidance is 205,000–225,000oz at A$2,150–2,350/oz AISC, with higher-grade sequencing at Dalgaranga and Cue.

Operating cash flow was A$186m and free cash flow A$62m after A$52m sustaining, A$53m growth, A$23m exploration and A$14m tax. Edna May's sale brought A$210m cash plus A$90m of Forrestania shares.

Greatland Resources (ASX:GGP): Operations

Output matched FY27 guidance of 260,000–300,000oz at $2,900–$3,330/oz AISC. A planned 15-day shutdown passed with record open pit movement and 85.1% recovery, and no lost-time injuries.

Sales were 71,901oz gold and 2,714t copper at $5,980/oz and $16,653/t. Operating Cash Flow of $289m funded $100m of tax instalments (about five months), lifting cash $25m to $1,314m. Gold puts are struck at $4,200/oz for 2026 and $5,000–$5,200/oz through Q3 2027.

Sheffield Resources (ASX:SFX): Operations

Mined ore and concentrate rose on higher volumes; zircon shipments roughly doubled the June quarter, zircon prices in US dollars rose 8%, and feed grade was 20.7%.

Yansteel keeps supporting Working Capital while lenders review senior loans. Deferrals and covenant waivers were agreed, with no certainty of amendments.

Why These Updates Could Matter

Ramelius Resources: Stockpiled ounces shift timing between quarters, and the sale lifted cash and gold. Greatland Resources: Production, unit cost and price show the margin, and the puts floor part of future sales. Sheffield Resources: Sheffield's results depend on the joint venture's output and the status of its loans.

Closing Thoughts

Ramelius Resources (ASX:RMS), Greatland Resources (ASX:GGP) and Sheffield Resources (ASX:SFX) each issued quarterly operating results, summarised above using the figures in their filings.