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MGX begins Groundrush construction as gold transition gathers pace

8:03am on Thursday 29th of October, 2026 AEDT • Mining
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MGX begins Groundrush construction as gold transition gathers pace

8:03am on Thursday 29th of October, 2026 AEDT
Key Points
  • $38 million Groundrush decline contract enters construction phase
  • 33,000 metres of underground drilling planned to upgrade more than 400,000 ounces
  • Final 0.3 million wet metric tonne Koolan shipment completed
  • Crestlink sale remains targeted for late 2026 or early 2027
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