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Ora Banda Mining Accelerates Growth with $57.8M Cash and Rising Gold Output

8:18am on Thursday 16th of January, 2025 AEDT Mining
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Ora Banda Mining Accelerates Growth with $57.8M Cash and Rising Gold Output

8:18am on Thursday 16th of January, 2025 AEDT
Key Points
  • Cash balance increased by $9.1 million to $57.8 million
  • Riverina Underground operation fully paid back within 18 months
  • Gold production of 22,973oz for the quarter, with 47,300oz in first half FY25
  • Sand King Underground on track for steady state production of ~60kozpa by June 2025
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