---
title: "OBM: Doubling output and new mill drive growth to 300,000 ounces by FY 2029, backed by strong finances"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293545324.md"
description: "Production is set to double as new infrastructure and mines come online, with a new mill and expanded exploration driving growth to 300,000 ounces by FY 2029. Robust finances, resource expansion, and risk management underpin a multi-year transformation.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-07-23T01:53:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293545324.md)
  - [en](https://longbridge.com/en/news/293545324.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293545324.md)
generator: "portal-rs"
---

# OBM: Doubling output and new mill drive growth to 300,000 ounces by FY 2029, backed by strong finances

Production is set to double as new infrastructure and mines come online, with a new mill and expanded exploration driving growth to 300,000 ounces by FY 2029. Robust finances, resource expansion, and risk management underpin a multi-year transformation.

Based on 

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

### Related Stocks

- [OBM.AU](https://longbridge.com/en/quote/OBM.AU.md)

## Related News & Research

- [OBM: Record production, robust cash flow, and major resource growth drive multi-year expansion](https://longbridge.com/en/news/292823532.md)
- [Microsoft employees reveal how much cash they're burning on AI](https://longbridge.com/en/news/296828490.md)
- [14:52 ETMistral and HUMAIN Announce Strategic Collaboration to Advance Sovereign AI in Saudi Arabia and Regionally](https://longbridge.com/en/news/296820512.md)
- [17:30 ETMobileX Secures Strategic Investment from CONX to Fuel Next Phase of Growth](https://longbridge.com/en/news/296831243.md)
- [11:26 ETWoolpert ernennt Jen Sorenson zur Executive Vice President für den Bereich Infrastruktur, um das strategische Wachstum voranzutreiben](https://longbridge.com/en/news/297208729.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**