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5 stories mentioning ASX:MKRUpdated 17d ago

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Asia

Manuka Resources Reports Probable Ore Reserve Increase for New South Wales Mine

Manuka Resources (ASX:MKR, NZE:MKR) reported an increase of 28% in ore reserve tonnes and a 15% jump in contained silver for its Wonawinta mine in New South Wales compared with the ore reserve disclosed in May 2025, according to a Monday filing with the Australian bourse.The updated probable ore reserve stood at 7.9 million tonnes at 50.4 grams per tonne (g/t) grade of silver containing 12.8 million ounces of silver, per the filing.The Wonawinta mineral resource remains at 38.3 million tonnes at 41.3 g/t silver containing 51 million ounces of silver, the company said.Manuka Resources plans to restart silver and gold processing operations at Wonawinta in the current quarter.The company's Australian shares fell past 3% in recent Monday trade, while its New Zealand shares shed nearly 3%.

ASX:MKRNZE:MKR
Asia

Manuka Resources Draws Down Second Tranche of $30 Million Senior Secured Term Facility, Shares Jump 9%

Manuka Resources (ASX:MKR) fully drew down the second tranche of the $30 million senior secured term facility with Nebari Natural Resources Credit Fund II, equivalent to $4 million, with the funds received on June 26, according to a Monday Australian bourse filing.Nebari was issued with 8.2 million warrants over unissued new shares in Manuka, with an exercise price of AU$0.1357, in consideration for the drawdown.The drawdown will provide additional funding for the Wonawinta silver mining and Canbelego gold mining projects.Its shares rose 9% in recent trading on Monday.

ASX:MKR
Asia

Manuka Resources Draws Down Tranche Two of $30 Million Nebari Facility, Shares Up 11%

Manuka Resources (ASX:MKR) said tranche two of its $30 million senior secured term facility with Nebari Natural Resources Credit Fund II has been fully drawn down, with funds equivalent to about AU$5.8 million received on June 26, according to a Monday Australian bourse filing.The company said the tranche two drawdown will provide additional funding for the Wonawinta silver mining and Canbelego gold mining projects as originally budgeted, with Nebari issuing 8,232,731 warrants over unissued new shares at an exercise price of AU$0.1357.Crushing, screening, and haulage of gold-bearing material from Mt Boppy waste and rock dumps to the Wonawinta processing plant has continued since April 21 in preparation for first ore processing, with gold processing revenues expected to commence around mid-July and silver production targeted to commence in late September, the filing added.The company's shares jumped 11% in recent Monday trade.

ASX:MKR
Asia

NZX Sector Update: Non-Energy Minerals Shares Rise, Health Technology Declines

Non-energy minerals shares gained the most on New Zealand's Exchange, rising nearly 3% on Friday.Shares of Manuka Resources (NZE:MKR, ASX:MKR) were up almost 7% in recent trade.Meanwhile, the health technology sector fell 3%.Shares of Fisher & Paykel Healthcare (NZE:FPH, ASX:FPH) were down nearly 5% in recent trade.

^NZ50ASX:FPHASX:MKRNZE:FPHNZE:MKR
Asia

Manuka Resources Starts Crushing, Screening Activities at New South Wales Project; Shares Up 5%

Manuka Resources (ASX:MKR, NZE:MKR) started crushing and screening activities at its Mt Boppy project in New South Wales ahead of the production restart at its Wonawinta processing facility, according to a Tuesday filing with the Australian bourse.Haulage to the processing facility is scheduled to start on April 22, the filing said.Commissioning and first production are slated for June, per the filing.Manuka Resources shares rose 5% in morning trade in Australia.

ASX:MKRNZE:MKR

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