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Rand Mining’s Cash Reserves Shrink Amid Rising Costs and Softening Gold Sales
7:10pm on Wednesday 29th of July, 2026 AEST
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Mining
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Rand Mining’s Cash Reserves Shrink Amid Rising Costs and Softening Gold Sales
7:10pm on Wednesday 29th of July, 2026 AEST
Key Points
Cash and equivalents dropped from $3.78m to $2.086m
Gold sales fell $1.42m to $11.9m quarter-on-quarter
Operating cash flow swung to a $900k outflow
Production and development costs rose by $633k and $443k respectively
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Rand Mining (ASX:RND)
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