Rambler Metals and Mining plc announced operational update for the second quarter and six months ended 31 January 2015. For the quarter head grades for copper averaged 2.76%; gold at 1.11 grammes per tonne; silver at 8.76 grammes per tonne. Dry tonnes milled of 54,869 tonnes, compared to 50,957 tonnes representing an 8% increase on second quarter 2014 results and a 6% decrease on first quarter 2015. For second quarter 2015 there was production of 1,284 tonnes of copper; 1,269 ounces of gold; 9,878 ounces of silver. Production of 4,648 tonnes of copper concentrate, compared to 6,818 tonnes, representing an 8% decrease over first quarter 2015. Concentrate grade of 27.62%, 8.49 grammes per tonne and 66.11 grammes per tonne for copper, gold and silver respectively.

At six months production results were within the guidance for the fiscal year.

Operating cash flow for the second quarter is expected to be positive. However when considering all the financial factors, including unrealized currency translation losses, the company's profitability will be impacted as previously announced.

The company remains on target to meet the lower end of its annual production forecast. The company expects dry tonnes milled in the range of 215,000 - 230,000 tonnes.