Ora Banda Mining Earnings Call Transcripts
Fiscal Year 2026
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A seven-year transformation has positioned the business for scalable growth, with the DRIVE to 300 plan targeting over 300,000 oz annual production by FY 2029. Major investments in new processing infrastructure, mine development, and exploration are underway, supported by strong financial risk management and a robust balance sheet.
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Plans are underway to double gold production to 300,000 ounces annually within two years, driven by major exploration, a new 3Mtpa mill, and new mine developments. Strong financials and a focus on culture and safety underpin this transformation.
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Production is set to double as new infrastructure and mines come online, with a new mill and expanded exploration driving growth to 300,000 ounces by FY 2029. Robust finances, resource expansion, and risk management underpin a multi-year transformation.
Fiscal Year 2025
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A robust transformation has positioned the business for accelerated growth, with dual underground assets, a strengthened balance sheet, and a $73 million exploration program targeting major mineralized trends. Expansion to a 3 million ton plant and a strong team culture underpin future value creation.