MINING REFINING

Horizon Minerals unlocks expanded gold processing capacity 

Thu April 03 2025

Horizon Minerals (ASX:HRZ) is ramping up gold production with a new toll milling agreement, ensuring continued ore processing as mining at Phillips Find extends to October. The company has also unlocked an additional 80,000 tonnes of processing capacity, creating an unexpected revenue boost for the financial year. With gold prices soaring past $5,000 an ounce, Horizon is well-positioned to capitalise on strong market conditions.

Managing Director Grant Haywood joins Shae Russell to discuss the latest developments, including Horizon’s plan to convert the Black Swan nickel plant into a gold processing facility. With gold pouring from multiple sites and critical mining studies underway, Horizon is gearing up for a transformative year. Investors can expect steady news flow as the company advances its production and expansion strategy.

🔑 Key Highlights:
✅ Production Extension: Phillips Find mining extended to October, adding more gold output.
✅ Surprise Revenue Boost: New toll agreement unlocks 80,000 tonnes of processing capacity.
✅ Gold Processing Expansion: Plans to convert the Black Swan nickel plant into a gold facility.

Source: https://mining.com.au