Hillgrove Resources Hits Copper Jackpot

Hillgrove Resources Limited (AU:HGO) has released an update.

Hillgrove Resources Limited celebrates a successful half-year with their Kanmantoo Copper Mine reaching commercial production, generating a robust $40.2 million in revenue and boasting an improved underlying EBITDA of $7.7 million. The company has transitioned into the cash generation phase, remaining debt-free as of June 2024 and is set to announce a Mineral Resource update and Maiden Ore Reserve by the end of the year.

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