Latest OBM News

A single exploration name blew the doors off the leaderboard, while two well-known uranium plays and a Nevada explorer sank hard. Behind the noise: deals got closer to completion, big raisings reset prices, and several “good news” gaps didn’t survive the week.

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Ora Banda Mining’s Phase 1 drilling at Round Dam reveals a significant gold mineralisation system with multiple high-grade shoots, indicating strong potential for large-scale surface mining near existing infrastructure.

Ora Banda Mining has approved a $63.2 million investment to advance its growth projects, including a new 3Mtpa processing plant and the Waihi open pit mine, marking a significant step in expanding its Western Australian operations.

Ora Banda Mining Ltd has reported a record quarterly gold production of 32,036 ounces, alongside significant exploration successes and a $63 million investment in growth projects, while revising its FY26 cost guidance upward due to increased third-party milling expenses.

A few stocks did the heavy lifting this week, with one biotech exploding higher and a gas name collapsing on the other side of the ledger. Big moves came from capital raises, regulator decisions, and drill results that investors treated as near-term value, not distant promises.

Ora Banda Mining has reported significant high-grade gold drilling results at its Waihi Project, expanding the mineralisation envelope at the Golden Pole Lode and revealing a new lode west of the historic mine. These findings bolster the case for Waihi as the company’s third underground mine.

Ora Banda Mining has reported significant new high-grade gold intercepts from drilling at its Sand King northern corridor, pointing to a potential expansion of its mining inventory and extended mine life.

Ora Banda Mining Limited reports continued strong drill results expanding gold mineralisation at its Little Gem prospect and Riverina Gold Camp, with Phase 3 drilling extending mineralisation to 1,200 metres strike and 700 metres depth. A Phase 4 drill program is planned to support a Maiden Mineral Resource Estimate in 2026.

Ora Banda Mining Ltd reported a record September quarter with a 39% surge in gold production and a 37% rise in gold sales, underpinned by strong operational performance and exploration success.

Ora Banda Mining has delivered a record gold production quarter alongside a substantial cash flow boost, setting a strong tone for FY26 growth.

Ora Banda Mining Limited reports a 24% increase in Ore Reserves and a Mineral Resource growth to 2.11 million ounces at its Davyhurst Gold Project, setting the stage for an ambitious $73 million exploration program in FY26.