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Tribune Resources Limited (ASX:TBR)

ALERT: Price-sensitive ASX Announcement for TBR
Current share price for TBR : $4.915 -0.345 (-6.56%)+
Announcement
Release
29 Apr 2026 11:54AM
Price at Release
$5.260
Full Release
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Summary
Tribune Resources Limited, in its March 2026 quarterly report, highlighted significant production and financial activities. Operations at the East Kundana Joint Venture resulted in a 67% increase in gold production, totaling 15,129 ounces, with Tribune's share being 11,347 ounces. Financially, the company maintained cash and cash equivalents of AUD 11.901 million as of 31 March 2026, despite increased production and tax costs. The report also noted corrections in cost classifications and minor changes in corporate operations like the share buyback program, while confirming the absence of safety or environmental incidents.
Key Points
  • Tribune Resources Limited processed 121,123 tonnes of ore at a grade of 4.12 g/t, producing 15,129 ounces of gold in the March 2026 quarter.
  • Tribune's share of the gold production was 11,347 ounces.
  • The East Kundana Joint Venture (EKJV) saw an increase of 67% in gold mined compared to the previous quarter.
  • The financial position as of 31 March 2026 showed cash and cash equivalents of AUD 11.901 million.
  • Significant increases in production and tax payments were recorded, while administrative and development costs decreased.
  • Appendix 5B outlines a consolidated cash flow, including movements related to subsidiaries.
  • No safety or environmental incidents were reported during the quarter.
  • Tribune operated a share buyback program, but no shares were bought back during the quarter.
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.