Ora Banda Mining (AU:OBM) has released an update.
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Ora Banda Mining reported a record gold production of 24,327 ounces for the September quarter, marking the fifth consecutive quarter of growth. The company’s cash balance rose significantly to $48.7 million, partly due to the commissioning of its second high-grade mine. These developments form the cornerstone of Ora Banda’s strategy to increase gold output to 150,000 ounces by FY26.
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