Gibb River Diamonds Limited (ASX: GIB) has commenced trucking operations at its Edjudina Gold Project in Western Australia, marking a key transition from mining to processing and revenue generation. Material from the Neta Gold Mine is now being transported to two established third-party processing facilities under secured agreements. In addition to the previously announced 100,000-tonne ore purchase arrangement with Black Cat Syndicate at the Lakewood Mill, the company has secured further treatment capacity for 30,000 tonnes at Focus Minerals’ Three Mile Hill facility, lifting total committed processing to 130,000 tonnes. High-grade ore is being prioritised for haulage, with significant volumes already delivered to both mill run-of-mine pads and substantial stockpiles remaining on site. Mining operations continue following a minor pit wall incident that was safely managed with no injuries or equipment damage and no material impact on production schedules. With milling campaigns expected to conclude by mid-January 2026, first cash receipts are targeted for February–March 2026.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services. By continuing to use this site, we assume you consent to this. Read our Privacy Policy and Terms & Conditions
Trucking and Processing Agreements Advance Edjudina Gold Project Toward Cash Flow.
Gibb River Diamonds Limited (ASX: GIB) has commenced trucking operations at its Edjudina Gold Project in Western Australia, marking a key transition from mining to processing and revenue generation. Material from the Neta Gold Mine is now being transported to two established third-party processing facilities under secured agreements. In addition to the previously announced 100,000-tonne ore purchase arrangement with Black Cat Syndicate at the Lakewood Mill, the company has secured further treatment capacity for 30,000 tonnes at Focus Minerals’ Three Mile Hill facility, lifting total committed processing to 130,000 tonnes. High-grade ore is being prioritised for haulage, with significant volumes already delivered to both mill run-of-mine pads and substantial stockpiles remaining on site. Mining operations continue following a minor pit wall incident that was safely managed with no injuries or equipment damage and no material impact on production schedules. With milling campaigns expected to conclude by mid-January 2026, first cash receipts are targeted for February–March 2026.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au