Tribune, Rand and Northern Star are joint venture partners in the Kundana gold operation near Coolgardie.

Tribune, Rand to pay out $16m

Tribune Resources and Rand Mining will empty their cash reserves to pay out inaugural dividends to their shareholders, with their shared managing director to reap $3.1 million.

Tribune and Rand are closely linked to one another, sharing the same board of directors, the same major shareholders and even their South Perth headquarters.

In fact, they are the largest substantial shareholders in each other, with Rand owning 26.3 per cent of Tribune and Tribune owning 44.1 per cent in Rand.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/17

1 year TSR5 year TSR
326thTribune Resources17%40%
526thCI Resources-16%33%
641stMedusa Mining-37%-42%
698thMillennium Minerals-46%-25%
699thAlkane Resources-46%-19%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$199k Bought
$199k Other
$199k Sold
Total value as at the date of the transaction
Source: Morningstar


25th↑CI Resources$151.7m
26th↑Millennium Minerals$143.0m
27th↑Tribune Resources$136.7m
28th↑Medusa Mining$130.0m
29th↑Alkane Resources$118.0m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Tribune Resources

133rdAnthony Billis$479k
684thLyndall Vaughan$212k
930thOtakar Demis$88k
Ranked by total remuneration from all listed WA companies

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