Ora Banda Mining Ltd has reported significant financial and operational growth for the first half of FY25, ending 31 December 2024. T The company’s revenue increased by 93% to A$186.422 million, while net profit after tax (NPAT) rose 337% to A$50.8 million. EBITDA grew 254% to A$84.2 million, and cash flow from operations surged 765% to A$91.2 million. Ora Banda closed the period with A$57.8 million in cash, up A$31 million from the previous six months. The company transitioned from open pit to higher-grade underground mining, with Riverina Underground producing 46,190 ounces and early development at Sand King yielding 656 ounces. Capital expenditure for the half-year totalled A$54 million, primarily allocated to Riverina and Sand King development, resource exploration, and mill improvements. Managing Director Luke Creagh highlighted the rapid payback of Riverina Underground, which has provided free cash flow to self-fund Sand King’s development. With improving operating margins and favourable gold prices, Ora Banda expects further growth in H2 FY25 and FY26, with Sand King Underground projected to reach steady-state production in the June 2025 quarter. #OraBandaMining, #GoldMining, #Davyhurst, #WesternAustralia, #MiningNews, #GoldProduction, #UndergroundMining, #FinancialResults, #GoldRevenue