Manuka Resources Ltd ( (AU:MKR) ) just unveiled an announcement.
Manuka Resources Limited announced ongoing progress in its operations, including a pending update on the Wonawinta silver reserve and a refinance process with a Hong Kong-based lender. The company is on track to begin precious metals production in 2025. Its New Zealand subsidiary, Trans-Tasman Resources Limited, released a Pre-feasibility Study and Economic Impact Assessment for the Taranaki VTM project, highlighting a strong economic case with significant export revenue potential. The project is expected to contribute substantially to New Zealand’s mineral export goals, and a Fast Track Approvals application has been submitted for consideration.
More about Manuka Resources Ltd
Manuka Resources Limited operates in the mining industry, focusing on precious metals and critical minerals. The company is involved in projects in Australia and New Zealand, with a significant emphasis on mineral export growth and economic impact.
YTD Price Performance: 16.67%
Average Trading Volume: 867,555
Technical Sentiment Signal: Hold
Current Market Cap: A$28.38M
Learn more about MKR stock on TipRanks’ Stock Analysis page.