Latest Ora Banda Mining (ASX:OBM) News

Ora Banda Mining updates FY25 guidance, forecasting 95,000 ounces of gold production, below prior estimates, after processing plant upgrades delayed throughput ramp-up.

Ora Banda Mining delivered a robust March quarter with rising gold production and sales, significant exploration breakthroughs including a new greenfields discovery, and a strategic revision to FY25 production and cost guidance.

Ora Banda Mining's latest drilling at Riverina confirms deep, high-grade gold mineralisation, extending mine life and prompting a $45 million investment to accelerate exploration and infrastructure expansion.

Ora Banda Mining reports a robust December quarter, boosting cash reserves to $57.8 million and advancing underground operations at Riverina and Sand King towards a 150koz production target in FY26.