Meeka Metals Nears Completion of Murchison Gold Project Expansion

Meeka Gold Limited ( (AU:MEK) ) has provided an announcement.

Meeka Metals Limited has announced significant progress in its Murchison Gold Project, with the processing plant expansion and upgrade nearing completion and commissioning set for mid-June 2025. The company has successfully energized the processing plant and completed the power station installation, while open pit mining continues at St Anne’s North and Turnberry Central. The expansion of the accommodation village and the installation of a new administration complex have been completed to support the increased workforce. Recruitment for the underground mining team has been successful, positioning Meeka for concurrent operations of open pits and underground mines, which is expected to enhance processing flexibility and capacity.

The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.

More about Meeka Gold Limited

Meeka Metals Limited operates in the mining industry, focusing on the extraction and processing of gold. The company is involved in the development of gold projects, with a particular emphasis on expanding its operations to include both open pit and underground mining activities.

Average Trading Volume: 10,728,950

Technical Sentiment Signal: Buy

Current Market Cap: A$364.7M

See more data about MEK stock on TipRanks’ Stock Analysis page.