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Matsa Resources Limited ( (AU:MAT) ) has provided an announcement.
Matsa Resources Limited has successfully completed its first processing campaign at the Devon Pit Gold Mine, processing 49,082 tonnes on schedule and within budget. The company has adjusted its mining schedule to optimize for a higher gold price, with the second processing campaign set to begin in late December 2025. This adjustment allows for greater mining flexibility and the potential for increased gold output, positioning Matsa for continued operational success and potential growth in the gold market.
More about Matsa Resources Limited
Matsa Resources Limited is a company operating in the mining industry, primarily focusing on gold exploration and production. The company is involved in mining operations at the Devon Pit Gold Mine, with a market capitalization of A$101.27 million.
YTD Price Performance: 214.29%
Average Trading Volume: 1,575,958
Technical Sentiment Signal: Buy
Current Market Cap: A$101.1M
For detailed information about MAT stock, go to TipRanks’ Stock Analysis page.