Manuka Resources Ltd
Manuka Resources Limited is a mining and exploration company.
The business
Manuka Resources Limited is a mining and exploration company. The Company's principal activities include mine development, mining and processing of silver, gold and exploration activities. Its segments include Exploration - Australia, Exploration - New Zealand, and Operations. Exploration - Australia segment is engaged in exploration of existing gold and silver leases and exploration leases at Wonawinta and Mt Boppy projects. Exploration - New Zealand is engaged in exploration of acquired mining and exploration leases at the Taranaki VTM Project (New Zealand). Its Operations segment includes appraisal, development and processing of gold and silver deposits. Its 100% owned Taranaki VTM (vanadium titanomagnetite) iron sands Project is located over 22 kilometers (km) to 36 km offshore in New Zealand’s Exclusive Economic Zone. Its Mt Boppy gold project is located over 43 km east of Cobar. Its Wonawinta Silver and Base Metals Project is in the Cobar Basin, New South Wales.
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Latest news
Manuka Resources welcomes fast-track approval for Taranaki VTM project amid rising global demand
Manuka Resources (ASX: MKR) has welcomed official confirmation that the Taranaki VTM project operated by its wholly owned subsidiary Trans-Tasman Resources (TTR) has been added to the New Zealand government’s accelerated approval list. In early April 2024, the government invited TTR to prepare an application for the project to be included as a listed project […]
Sun Silver’s fast-tracked IPO and ASX listing highlights booming sector interest
After smashing the record for the fastest initial public offering (IPO) raising on the Automic investor portal, Sun Silver (ASX: SS1) is set to list with a significant bank balance and a high-quality silver project at a time when interest in the precious metal is flying. Sun Silver is scheduled to make its ASX debut […]
Silver set to shine next year, says Citi
Silver’s 25% fall since March to around US$19 an ounce has rattled confidence in the poor man’s gold, but a series of signals point to a bounce next year with Citi, a leading investment bank, pencilling in a possibly return to US$25/oz. That price forecast is the peak in the bank’s probability-based assessment of silver, […]
Silver to have bonanza 2022 after record demand last year
The Washington-based Silver Institute is forecasting demand for silver this year to set a record of 1.112 billion ounces, which is after turning in an estimated 1.029Boz in 2021 — itself a new record. And that boost in offtake this year is expected to be spread across most key demand components: industrial, bullion, jewellery and […]
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