---
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.

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