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Rand Mining Limited (ASX:RND)

ALERT: Price-sensitive ASX Announcement for RND
Current share price for RND : $2.340 -0.46 (-16.43%)+
Announcement
Release
28 Jan 2026 3:39PM
Price at Release
$2.800
Full Release
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Summary
Rand Mining Limited's Quarterly Activities & Cashflow Report for December 2025 highlights significant mining operations and financial performance. During the quarter, Rand processed 16,585 tonnes of ore at an average grade of 3.29 g/t through Evolution Mining Limited’s Mungari processing plant, resulting in 1,680 ounces of gold. The company's allocation of mined ore from the East Kundana Joint Venture (EKJV) was 38,923 tonnes at a grade of 2.6 g/t, yielding 3,252 ounces of gold. This represents a 96% increase from the previous quarter, attributed to increased activity from the Hornet open pit. No safety or environmental incidents were reported. Financially, operating cash flows increased by $4.23 million, while production costs rose by $2.16 million due to higher mining volumes. The report also notes a decrease in development and exploration costs, and a share buy-back program that did not result in any shares being repurchased during the quarter.
Key Points
  • Processed 16,585 tonnes of ore at 3.29 g/t.
  • Rand's share from EKJV was 1,680 ounces of gold.
  • Mined 38,923 tonnes at 2.6 g/t for 3,252 ounces, a 96% increase.
  • No safety or environmental incidents reported.
  • Operating cash flows increased by $4.23 million.
  • Production costs increased by $2.16 million.
  • Development and exploration costs decreased.
  • No shares repurchased during the share buy-back program.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.