Hillgrove Resources Limited ( (AU:HGO) ) has provided an update.
Hillgrove Resources Limited announced a record copper production of 2,952 tonnes for the March 2025 quarter, marking a 12% increase from the previous quarter. The company is on track to meet its 2025 production guidance of 12,000 to 14,000 tonnes, with expectations for further growth in 2026 due to the accelerated development of Nugent. The announcement highlights the company’s operational improvements and strategic plans to enhance production capacity, which are expected to positively impact its market position and stakeholder interests.
More about Hillgrove Resources Limited
Hillgrove Resources Limited is a company operating in the mining industry, primarily focusing on the production of copper. The company is engaged in underground mining operations and has a market focus on increasing copper production, with ongoing development projects such as Nugent and exploration programs beyond Kanmantoo.
YTD Price Performance: -32.00%
Average Trading Volume: 4,958,720
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$86.25M
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