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An update from Echo Energy ( (GB:NTVO) ) is now available.
Nativo Resources Plc has announced significant progress in the pre-construction phase of its La Patona Gold Ore Processing Plant in Peru, with equipment suppliers selected and contracts for civil works set to commence by late November 2025. The plant is expected to become operational by Q2 2026, initially producing up to 1.67 kg of gold per day, with plans to increase capacity to 3 kg per day by the third year. Concurrently, Nativo has exited its loss-making oil and gas interests in Argentina to focus solely on its gold projects in Peru, transferring its 5% interest in the Santa Cruz Sur concessions for nil consideration.
More about Echo Energy
Nativo Resources Plc is a gold-focused mining company with interests in Peru. The company’s strategy revolves around primary gold mining, gold ore processing, and the recovery of gold from tailings. Nativo is actively developing several projects and is focused on scaling operations on the Tesoro Gold Concession, particularly the Bonanza and Morrocota mines. The company also plans to allocate portions of its free cash flow and future fundraises to Bitcoin purchases, holding Bitcoin as a long-term treasury reserve asset.
Average Trading Volume: 25,438,452
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.77M
For an in-depth examination of NTVO stock, go to TipRanks’ Overview page.