Ora Banda Mining Ltd
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Latest News
Ora Banda Mining Expands Little Gem Multi-Lode Gold System Past 1km of Strike
Phase 2 drilling at Ora Banda Mining’s (ASX: OBM) Little Gem prospect, within its Davyhurst gold project in Western Australia, has expanded the multi-lode system to more than 1 kilometre of strike containing high grades and large widths. The 16-hole diamond program tested prospective carbonate horizons at Little Gem and Sunraysia over 4.7km and to […]
Market wrap: ASX flies to a new record as Commonwealth Bank takes top spot
Australia’s share market ended the week on a strongly positive note, hitting a fresh record high and establishing Commonwealth Bank as our biggest company. By the Friday close the ASX 200 Index had risen 69.7 points (0.9%) to a record 7959.3 points and finished the week up a solid 1.2%. Commonwealth Bank (ASX: CBA) continued […]
Ora Banda’s Sand King underground mine receives green light
The board of Ora Banda Mining (ASX: OBM) has approved a final investment decision of $39 million for the development of the Sand King underground mine at its Davyhurst gold project in Western Australia. Sand King – the second mine brought onstream by the company in less than two years – is scheduled for first […]
Wesfarmers pours $45m into Ora Banda Mining’s lithium discovery
One of Australia’s largest listed companies, Wesfarmers (ASX: WES), has agreed to invest an initial $26 million into Ora Banda Mining (ASX: OBM) for a share of its significant new Western Australian lithium discovery. Ora Banda has agreed to enter into a binding farm-in agreement with Wesfarmer’s 100% wholly-owned Brenahan Exploration Pty Ltd (BEPL) to […]