Latest Manuka Resources (ASX:MKR) News

Manuka Resources is set to kick off a significant gold exploration drilling campaign in the Cobar Basin this December, targeting deep extensions at Mt Boppy and shallow deposits at Pipeline Ridge. The results, expected early next year, could reshape the company’s production outlook.

Manuka Resources has secured significant funding and restructured debt to support the restart of its Australian mines, while awaiting a pivotal environmental decision on its New Zealand Taranaki VTM Project.

Manuka Resources has restructured A$18.2 million of trade finance debt with Tennant Metals, converting part to equity and easing its capital costs ahead of a major silver production ramp-up in 2026.

Manuka Resources has raised A$15 million to accelerate production at its Wonawinta Silver Mine and fund exploration drilling at Mt Boppy and Pipeline Ridge in New South Wales.

Manuka Resources has addressed ASX queries about its recent share price and volume spike, attributing the movement to soaring gold and silver prices and its planned production restart in early 2026.

Manuka Resources has gained approval for a secondary listing on the New Zealand Stock Exchange, enhancing trading access for local shareholders and supporting its strategic growth in critical and precious metals projects across New Zealand and Australia.

Manuka Resources has received a binding debt offer to refinance existing obligations and support the restart of its Wonawinta silver and gold processing plant in early 2026, leveraging current high metal prices.

Manuka Resources’ subsidiary Trans-Tasman Resources has entered a pivotal phase as an expert panel starts assessing its Fast Track application for seabed mining off New Zealand’s coast, aiming to unlock significant economic and mineral export potential.

Manuka Resources has successfully completed a fully underwritten entitlement offer, raising nearly $8 million before costs, supplemented by an additional placement to sub-underwriters and creditors.

Manuka Resources has confirmed a maiden Probable Ore Reserve of 290,000 tonnes at 4.2g/t gold for its Mt Boppy Open Pit, adding approximately 39,000 ounces to its Cobar Basin production plan. The project delivers a robust pre-tax NPV8 of A$43.2 million and an IRR of 64%, with ore to be processed at the existing Wonawinta plant.

Manuka Resources has launched an $8 million entitlement offer to fund its Cobar Basin production restart, updated reserves at its Wonawinta silver and Mt Boppy gold mines, and reported strong economics for its New Zealand Taranaki VTM iron sands project advancing through fast-track approvals.

Manuka Resources has declared a maiden Probable Ore Reserve of 39,000 ounces of gold at its historic Mt Boppy Open Pit, underpinning a cutback project that adds significant value to its Cobar Basin production plan.