EXPLORATION & DEVELOPMENT

Manuka takes another step towards primary silver production

Mine plan and reserves now being worked on

This article is 4 years old. Images might not display.

Resources of 38.3 million tonnes grading 41.3 grams per tonne silver include an indicated 12.3Mt at 45.5gpt silver and a measured 1.1Mt at 47.3gpt silver.

A mine plan and reserve estimate is expected in the current quarter.

The current production scenario involves treatment of about 500,000t stockpiles beginning in the third quarter followed by mining from two pits in February next year.

Wonawinta, located 85km south of Cobar, features an 850,000t per annum processing plant.

Shares in Manuka were up 2% to A46c in afternoon trade, capitalising the company at about $124 millon.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

World Risk Insights 2025 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 120 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.

editions

Mining IQ Risk Analytics

Risk Analytics offers interactive access to World Risk Insight data, allowing you to customise risk views, benchmark jurisdictions, explore data behind scores and read expert commentary to guide your decision-making.