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Meeka Gold Limited ( (AU:MEK) ) has issued an update.
Meeka Metals Limited announced significant progress in their Murchison development project, with the process plant expansion and preparation for open pit mining on track. Key developments include the completion of civil works for a new administration complex, progress in the CIL gold processing plant expansion, and the receipt of necessary licenses for open pit mining operations. These efforts are aligned with Meeka’s goal of achieving first gold production by mid-2025. The company has also enhanced its workforce by recruiting highly skilled personnel, ensuring readiness for the upcoming mining operations and positioning itself well within the industry.
More about Meeka Gold Limited
Meeka Metals Limited operates in the mining industry, focusing on the development and production of gold resources. The company is dedicated to expanding its mining operations and increasing gold production, particularly at its Murchison project.
YTD Price Performance: 47.50%
Average Trading Volume: 12,246
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €156.3M
For an in-depth examination of MEK stock, go to TipRanks’ Stock Analysis page.
