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Tribune has organised for the sale of $250 million worth of gold at the Perth Mint.

Tribune, Rand flag $250m payout

Shares in local gold stocks Tribune Resources and Rand Mining have soared today, after each announced special dividends worth a combined $250 million, following an adverse ruling by the Takeovers Panel on Monday.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 28/06/19

1 year TSR5 year TSR
50thAlkane Resources98%11%
104thTribune Resources44%22%
218thMedusa Mining15%-21%
755thMetals X-69%-24%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

27/12/18
$0 Bought
27/12/18
$0 Sold
27/12/18
$0 Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

23rd↓Metals X$210.4m
24th↑Tribune Resources$180.5m
26th↑Medusa Mining$168.5m
28th↑Alkane Resources$130.3m
488 listed resources companies ranked by revenue.
Source: Morningstar

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