HomeFinTechGalena Mining: Expects Abra mine processing plant completion ahead of schedule

Galena Mining: Expects Abra mine processing plant completion ahead of schedule

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Galena Mining Expects Abra mine processing plant completion ahead of schedule

  • Galena Mining (G1A) expects to complete the construction of a processing plant at its Abra base metals mine in Western Australia ahead of schedule
  • Today, the company reported construction progress reached 97 per cent completion as of November 30, and Galena expects practical completion this month
  • Ore is being mined from underground and stockpiled, ready for processing in the new year when concentrate production is also due to begin
  • Considering its “record underground development” in November and commissioning progress to date, G1A believes Abra is “on the verge” of a quick transition into production
  • Company shares are up 13.5 per cent and trading at 21 cents at 3:56 pm AEDT
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