Rand Mining (ASX: RND) — Company Overview, News & Financial Data
Rand Mining is an Australian gold exploration and production company headquartered in South Perth, Western Australia.
Rand Mining
Rand Mining is an Australian gold exploration and production company headquartered in South Perth, Western Australia. The company primarily operates through its joint venture participation in the East Kundana Joint Venture located in the Eastern Goldfields region, approximately twenty-five kilometers west-northwest of Kalgoorlie. Its principal activities include underground gold mining, ore processing through regional facilities, and targeted mineral exploration aimed at expanding existing reserves. Key production assets in the joint venture include underground operations at the Raleigh, Rubicon, Hornet, and Pegasus deposits. Rand Mining generates revenue through the sale of refined gold bullion and silver produced from its mining interests.
Snapshot
Operations
Products and/or services of Rand Mining
- Underground Gold Mining: Extraction of high-grade gold ore from active underground operations including the Raleigh, Rubicon, Hornet, and Pegasus mine deposits situated in the Eastern Goldfields region of Western Australia for joint venture processing.
- Gold Processing and Refining: Processing of extracted gold ore through regional milling infrastructure, including the Kanowna Belle and Greenfields processing plants, converting mineralized rock into refined gold bullion and silver streams for commercial sale.
- Near-Mine Resource Extension: Diamond drilling and underground exploration programs designed to test deep extensions of high-grade quartz vein systems and expand defined mineral resources and ore reserves surrounding existing underground mine infrastructure.
- Regional Gold Exploration: Surface geological mapping, geochemical soil sampling, and exploratory drilling across prospective tenements in Western Australia to discover new gold mineralisation and advance early-stage mining prospects.
- Gold Bullion Marketing: Commercial sale and physical delivery of refined gold bullion and silver recovered from toll-milling operations to certified precious metal refineries and financial institutions across Australia.
- Joint Venture Infrastructure Management: Co-funding and operational oversight of shared surface assets, haul roads, tailings storage facilities, and mine site environmental management programs across the company's Western Australian gold operations.
Rand Mining executive team
- Mr. Otakar DemisNon-Executive Chairman & Joint Company Secretary
- Mr. Anthony B. BillisMD, CEO & Executive Director
- Mr. Roland Holger Berzins ACPA, B.Com., B.Comm, FFIN, TAJoint Company Secretary
- Mr. Sheran De Silva AGIA, C.P.A.Joint Company Secretary