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Hillgrove Resources Maintains Production Targets and Advances Nugent Strategy

Story Highlights
  • Hillgrove Resources produced 811 tonnes of copper in April 2025, meeting its mine plan.
  • The company expects a significant production boost from the Nugent strategy by December 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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An update from Hillgrove Resources Limited ( (AU:HGO) ) is now available.

Hillgrove Resources Limited reported that its April 2025 copper production was in line with its mine plan, producing 811 tonnes of copper. The company remains on track to meet its production guidance for the June 2025 quarter, aiming to exceed the 2,952 tonnes produced in the March quarter. Additionally, Hillgrove has completed preparatory works for its accelerated Nugent production strategy, with first ore processing expected in the December quarter of 2025, which is anticipated to significantly boost plant throughput, copper production, and revenue.

More about Hillgrove Resources Limited

Hillgrove Resources Limited operates in the mining industry, primarily focusing on copper production. The company is engaged in the development and operation of mining projects, with a particular emphasis on maximizing copper output and efficiency.

Average Trading Volume: 5,335,657

Technical Sentiment Signal: Sell

Current Market Cap: A$91.32M

See more insights into HGO stock on TipRanks’ Stock Analysis page.

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