Resources & Energy Group Restarts Gold Mining Operations
Company Announcements

Resources & Energy Group Restarts Gold Mining Operations

Resources & Energy Group Limited (AU:REZ) has released an update.

Resources & Energy Group Limited has recommenced gold mining at the East Menzies Gold Project, focusing initially on the Maranoa deposit with a target of processing 5,000 tonnes of ore. This move follows approval from the Western Australian Department of Mines and aims to leverage the current high gold prices using a cost-efficient vat leach method, promising increased production potential and shareholder value. The company is poised for growth, with plans to expand operations across other high-grade deposits within the East Menzies region.

For further insights into AU:REZ stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App