Update: Ora Banda Mining Reports Record Quarterly Gold Output, Meets Fiscal 2026 Production Guidance

(Updates to add stock movement in the sixth paragraph) Ora Banda Mining (ASX:OBM) reported record quarterly gold production of 39,552 ounces for the June quarter, bringing fiscal 2026 production to 140,949 ounces, in line with guidance, according to a Thursday filing with the Australian bourse. The company reported fiscal 2026 gold sold of about 140,600 ounces at an all-in sustaining cost of AU$3,496 per ounce. Ora Banda Mining ended the June quarter with a closing stockpile of 90,200 tonnes at a 2.7 grams per tonne grade for 7,800 ounces, and an additional 3,000 ounces of gold-in-circuit, per the filing. Operating cash flow for the June quarter was AU$121 million, with AU$468 million in available liquidity as of June 30. For fiscal 2027, the company guided for production of 125,000 to 140,000 ounces at an all-in sustaining cost of AU$3,400 to AU$3,600 per ounce of gold sold. It also expects fiscal 2027 growth capital expenditure of AU$425 million. The company's shares fell past 2% in recent Thursday trade.