Meeka Gold Limited ( (AU:MEK) ) has issued an announcement.
Meeka Metals Limited has announced that open pit mining activities at the Murchison Gold Project have commenced ahead of schedule, marking a significant milestone for the company. The project includes a 2m lift of the tailings storage facility and rapid progress on the CIL gold processing plant expansion, which positions Meeka closer to achieving its first gold production by mid-2025. This development underscores Meeka’s commitment to its development schedule and enhances its operational capabilities, potentially benefiting stakeholders by advancing the timeline for gold production.
More about Meeka Gold Limited
Meeka Metals Limited operates in the mining industry, focusing on gold extraction and production. The company is engaged in developing the Murchison Gold Project, which involves open pit mining and processing plant expansion to enhance its gold production capabilities.
YTD Price Performance: 70.0%
Average Trading Volume: 14,102
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €188.3M
For detailed information about MEK stock, go to TipRanks’ Stock Analysis page.