Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from Manuka Resources Ltd ( (AU:MKR) ) is now available.
Manuka Resources has commenced crushing, screening and haulage of gold-bearing plant feed from its Mt Boppy project to the Wonawinta processing facility, marking a major step toward restarting operations. The company has completed most development milestones, including refinancing, approvals, care and maintenance, and workforce mobilisation, and is targeting commissioning and first gold production by June 2026.
Initial processing will focus on Mt Boppy gold feed to support commissioning and generate early revenue ahead of Wonawinta silver production. Installation of a silver deslime circuit and further plant upgrades are planned for completion by the September 2026 quarter, when Manuka aims to begin silver production, ramp up to nameplate capacity and reach steady-state output and cash flow generation.
More about Manuka Resources Ltd
Manuka Resources Limited is an ASX-listed mining company focused on gold and silver production in New South Wales, Australia. Its key assets include the Mt Boppy gold project and the Wonawinta processing facility and silver operation, positioning the company within the precious metals sector with a strategy centered on restarting and ramping up production.
Average Trading Volume: 15,716,876
Technical Sentiment Signal: Buy
Current Market Cap: A$156.5M
For a thorough assessment of MKR stock, go to TipRanks’ Stock Analysis page.