Latest East Kundana News

Rand Mining will pay a fully franked 10 cents per share dividend after operating cash flow swung to a A$2.339 million inflow in the September quarter. Gold production reached 2,908 ounces attributable to Rand, although group gold mined fell 11% from the previous quarter.

Tribune Resources generated $8.0 million of operating cash in the September quarter, lifted its cash balance to $11.8 million and declared a fully franked 20 cents per share dividend. The result came despite an 11% quarter-on-quarter fall in group gold mined as lower grades weighed on output.

Tribune Resources delivered a sharply stronger FY2026 result, with revenue up 28.4% and profit attributable to shareholders rising to $75.7 million. The result was helped by a $35.0 million reversal of the prior Raleigh impairment, while operating cash flow and year-end cash both fell.

Rand Mining lifted fiscal 2026 net profit by 82% to A$23.9 million as gold sales rose and Golden Hind delivered its first ore. The result was also helped by a A$8.7 million Raleigh impairment reversal, while higher costs, inventory and development spending reduced cash generation.

Rand Mining’s cash balance fell to $2.086 million in June quarter as gold sales dipped and operating cash flow turned negative, pressured by higher production and development expenses.

Tribune Resources plans an on-market buyback of up to 5.25 million shares valued at approximately $27.8 million, aiming to return capital without disrupting ongoing operations.

Tribune Resources completed 8,831 metres of diamond drilling in Q3 FY2026 at the East Kundana Joint Venture, reporting significant gold assay results from Golden Hind while awaiting Startrek results.

Rand Mining delivered its March 2026 quarter exploration update for the East Kundana Joint Venture, highlighting 8,831 metres of diamond drilling focused on the Golden Hind and Startrek deposits. While Golden Hind assay results confirmed ongoing mineralisation with no resource update, Startrek drilling progressed with assays awaited.

Rand Mining Ltd reported a significant 96% increase in gold mined during the December 2025 quarter, driven by heightened activity at the Hornet open pit and strong processing through Evolution Mining’s Mungari plant. The company also posted improved cash flows amid ongoing exploration efforts.

Tribune Resources Ltd reported a 96% increase in gold mined at its East Kundana Joint Venture in the December 2025 quarter, alongside ongoing exploration progress in Ghana with assay results pending.

Rand Mining reports completion of over 5,200 metres of diamond drilling at East Kundana Joint Venture, revealing promising assay results from Sadler and Golden Hind deposits without altering current resource estimates.

Rand Mining has released a replacement exploration report for the East Kundana Joint Venture, highlighting new JORC disclosures and promising high-grade gold assay results from the Ambition prospect.