RND Stock Discussion

Rand Mining Ltd   Description

Rand Mining Limited is engaged in exploration, development and production activities at East Kundana Joint Venture tenements. Rand's East Kundana Joint Venture is located over 25 kilometers west, North West of Kalgoorlie and over 50 kilometers northeast of Coolgardie. The Company, from its mining at Raleigh, extracted over 155,560 tons of ore from stopes on 5864, 5847, 5795, 5761, 5722, 5705, 5654, 5631 and 5614 levels and from development on the 5949, 5932, 5915, 5898, 5881 and 5830 levels of the Skinners structure at the Raleigh underground mine. The Company, from its mining at Rubicon/Hornet/Pegasus, extracted over 761,480 tons of ore from stopes on the 6055 to 5975 levels and development on the 5995 to 5935 levels of the Rubicon ore body; from stopes on the 6005 to 5865 levels and development on the 5885 to 5785 levels of the Hornet ore body and from stopes on the 6170 to 6030 levels and development on the 6210 to 6170 and 6090 to 5970 levels of the Pegasus ore body.

Sector: Basic Materials
Industry: Gold
Keywords: Exploration Mining Gas Horn Coolgardie Underground Mining Kundana