Latest Processing Plant Refurbishment News

Horizon Minerals has agreed to sell its Lake Johnston Project to Forrestania Resources for $35 million, aiming to refocus on advancing its Black Swan gold operations.

Horizon Minerals has agreed to sell its Lake Johnston Project for $35 million to Forrestania Resources, aiming to bolster funding for its flagship Black Swan gold project. The deal combines cash and shares, positioning Horizon for growth and operational advancement.

Austral Gold Limited has released an updated Mineral Resource and Reserve estimate for its Casposo Mine in Argentina, underpinning plans to restart production with strong economic fundamentals. The report highlights a 74-month mine life and a compelling after-tax NPV of US$72.7 million.

Austral Gold has obtained a $1 million short-term loan to support working capital as its Casposo processing plant nears commissioning after major refurbishments.

Native Mineral Resources has completed its first gold pour at the Blackjack Gold Project, marking a key milestone as it advances toward full production ramp-up in August 2025. The company also secured a $10 million placement to support its growth plans.

Polymetals Resources has completed a major refurbishment of its Endeavor processing plant and begun producing saleable silver-lead and zinc concentrates, marking a key milestone in its operational ramp-up.

Challenger Gold Limited has doubled its mineral resource estimate in Ecuador to 9.1 million ounces gold equivalent, positioning its assets among South America's largest undeveloped gold resources, while making significant progress on its Hualilan Gold Project in Argentina towards mining and toll milling readiness.

Native Mineral Resources Holdings Limited (NMR) has made significant progress on its Charters Towers Gold Project, completing key plant refurbishments and securing $15.9 million in funding to support a planned gold production restart in Q3 2025.

Native Mineral Resources Holdings Limited (NMR) reports promising assay results from resource definition drilling at its Blackjack Gold Project in Queensland, confirming shallow, high-grade gold mineralisation and deeper extensions. The company is advancing refurbishment of its processing plant, targeting gold production in Q3 2025.

Native Mineral Resources has secured key Queensland gold assets and is advancing refurbishment of the Blackjack Processing Plant, targeting production restart by Q3 2025. The company’s recent capital raises underpin its ambitious development plans.