Rand Mining Ltd (ASX: RND) has provided its quarterly report for the period ended 31 December 2020.
HIGHLIGHTS:
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During the quarter Rand and Tribune toll processed 239,742 tonnes of ore at three mills in the district, with Rand’s share equating to 59,935 tonnes.
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32,063 ounces of gold were credited to Rand and Tribune Bullion Accounts.
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Rand’s 25% share of the bullion produced was 8,016 oz of gold.
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Lower than forecast mine production at the EKJV mines resulted from strong seismic response and damage in lower Pegasus South (Sept) and lower Pegasus Nth (Oct). The outlook for the next quarter is similar production to the December quarter.
At the end of the quarter, Rand is entitled to a share of the following stockpiles –
