Latest Plant Upgrades News

Meeka Metals reports significant new shallow high-grade oxide gold drill results at Turnberry Central, extending the Stage 1 open pit and promising to boost production beyond initial plans.

Ora Banda Mining updates FY25 guidance, forecasting 95,000 ounces of gold production, below prior estimates, after processing plant upgrades delayed throughput ramp-up.

GR Engineering has won a $79 million contract variation to advance the King of the Hills processing plant upgrade, pushing total project value to $155 million and increasing throughput capacity significantly.

Manuka Resources has announced a comprehensive 10-year mine plan to produce 13.2 million ounces of silver plus gold credits from its Wonawinta and Mt Boppy projects, leveraging existing infrastructure and an upgraded processing plant.

Meeka Metals is on track to commission its upgraded processing plant at the Murchison Gold Project by June 2025, aiming for first gold production shortly thereafter. The company has also expanded its workforce accommodations and advanced underground mine preparations.

Horizon Minerals has raised A$30 million through a two-tranche share placement, strengthening its balance sheet to fast-track exploration and processing upgrades. The capital injection aims to boost resource drilling and refurbish the Black Swan plant ahead of increased gold production.

Vault Minerals has expanded its King of the Hills open pit Ore Reserve by 33%, underpinning an 18-year mine life and announcing a $92 million Stage 2 plant upgrade to increase processing capacity to 7.5 million tonnes per annum.

Core Lithium has doubled the Grants Ore Reserve by shifting to underground mining, lifting total Finniss Ore Reserves to 10.73 million tonnes at 1.29% lithium oxide. This update supports a robust 10-year mine plan with potential for extended operations.

Capral Limited reported steady 2024 financial results with solid profitability despite softer residential markets, while announcing board changes and continuing its share buy-back program.

Meeka Metals has achieved a key milestone with first ore mined from its Murchison Gold Project open pits, setting the stage for process plant commissioning in June 2025. Mining at multiple high-grade oxide pits is underway alongside significant processing plant and power upgrades.

EQ Resources delivered robust operational gains in Q3 FY2025, boosting mining volumes and processing throughput while advancing key plant upgrades and securing significant funding.

Aguia Resources has marked a significant milestone with its maiden gold pour at the Santa Barbara project in Colombia, while advancing underground development and expanding processing capacity. Concurrently, the company secured a long-term phosphate processing lease in Brazil and completed a $1.5 million capital raise.