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Native Mineral Resources Advances Towards Gold Production at Blackjack Plant

Story Highlights
  • Native Mineral Resources is advancing refurbishment at its Blackjack Processing Plant.
  • The company aims for first gold production in Q3 2025, enhancing its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest update is out from Native Mineral Resources Holdings Ltd. ( (AU:NMR) ).

Native Mineral Resources Holdings Limited has announced significant progress in its refurbishment and commissioning activities at the Blackjack Processing Plant in North Queensland. The company is on track to begin commissioning in June 2025, with the first gold production expected in the third quarter of 2025. Key advancements include mechanical and electrical overhauls, security upgrades, and the mobilisation of critical supplies. These developments position NMR to strengthen its operational capabilities and stakeholder engagement, with potential positive implications for its market positioning in the gold mining sector.

More about Native Mineral Resources Holdings Ltd.

Native Mineral Resources Holdings Limited (ASX: NMR) operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in gold production and has assets in North Queensland, Australia.

YTD Price Performance: 297.44%

Average Trading Volume: 2,187,831

Technical Sentiment Signal: Sell

Current Market Cap: A$136.9M

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

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