Hillgrove Resources Achieves Record Copper Production at Kanmantoo Mine

Hillgrove Resources Limited ( (AU:HGO) ) has issued an update.

Hillgrove Resources Limited reported a strong operational performance for May 2025 at its Kanmantoo mine, with a notable production of 1,002 tonnes of copper, reflecting an increase from the previous month. The company achieved several records, including total development, ore mining, and copper recoveries, which bolster confidence in meeting its annual production guidance of 12,000 to 14,000 tonnes. The ongoing development at the Nugent deposit is expected to further enhance production capabilities, with first ores anticipated in six months. Hillgrove will transition to quarterly reporting, aligning with industry standards.

The most recent analyst rating on (AU:HGO) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Hillgrove Resources Limited stock, see the AU:HGO Stock Forecast page.

More about Hillgrove Resources Limited

Hillgrove Resources Limited operates in the mining industry, focusing primarily on copper production. The company is engaged in the extraction and processing of copper ore, with a significant market focus on maximizing copper recoveries and optimizing mining operations.

Average Trading Volume: 5,517,329

Technical Sentiment Signal: Sell

Current Market Cap: A$109.7M

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