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Rand Mining lifts EKJV gold output and boosts cash on stronger Hornet open pit contribution

Story Highlights
  • Rand Mining increased its EKJV gold output by 36% in the March quarter, driven by higher tonnage and grades from the Hornet open pit and steady underground production.
  • The company processed higher grade ore through Mungari, generated $13.281 million from gold sales and lifted cash holdings to $3.78 million despite increased production costs and tax payments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rand Mining lifts EKJV gold output and boosts cash on stronger Hornet open pit contribution

Meet Samuel – Your Personal Investing Prophet

Rand Mining Limited ( (AU:RND) ) has provided an announcement.

Rand Mining Limited, a gold producer with key interests in the East Kundana Joint Venture in Western Australia, sources ore from both underground and open pit operations and processes it under a toll treatment agreement at Evolution Mining’s Mungari plant. The company’s activities are focused on maximising returns from its joint venture allocation while maintaining a strong safety and environmental record.

In the March 2026 quarter, Rand’s share of EKJV production totalled 54,164 tonnes of ore at 2.5 g/t for 4,423 ounces of gold, a 36% increase in gold mined driven largely by higher output from the Hornet open pit. Rand processed 30,281 tonnes of ore at 4.12 g/t, reported 3,782 ounces of gold from processing, and ended the period with cash and cash equivalents of $3.78 million, supported by $13.281 million in gold sales despite higher production costs and tax payments.

More about Rand Mining Limited

Rand Mining Limited is an Australian gold producer with interests in the East Kundana Joint Venture (EKJV) in Western Australia. The company participates in underground and open pit mining operations and toll treats its ore through Evolution Mining’s Mungari processing plant, generating revenue from its allocated share of gold production and sales.

Average Trading Volume: 3,903

Technical Sentiment Signal: Buy

Current Market Cap: A$135.4M

For an in-depth examination of RND stock, go to TipRanks’ Overview page.

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