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Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has issued an update.
Native Mineral Resources Holdings Ltd. has made significant progress in its efforts to restart gold production at its Charters Towers assets in Queensland, with the first gold pour expected in Q3 2025. The company has nearly completed site establishment and is advancing major plant refurbishments, including electrical upgrades and tailings storage facilities. With $15.9 million raised to support these initiatives, NMR aims to achieve major milestones like plant commissioning and drilling at Blackjack, while demonstrating resilience despite recent extreme weather conditions.
More about Native Mineral Resources Holdings Ltd.
Native Mineral Resources Holdings Limited (ASX: NMR) operates in the mining industry, focusing on gold production. The company is engaged in restarting gold production at its assets in Charters Towers, North Queensland, including the Blackjack Processing Plant and Far Fanning Mine.
YTD Price Performance: 71.79%
Average Trading Volume: 1,133,924
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$39.41M
See more data about NMR stock on TipRanks’ Stock Analysis page.