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Auric Mining buys fully permitted Burbanks gold plant in WA for $4.4M, aiming to restart operations and become an integrated gold producer.
Auric Mining has acquired the fully permitted Burbanks gold processing plant in Western Australia for $4.4 million, gaining a 180,000-tonne-per-annum facility idle since 2019.
The site includes a carbon-in-leach plant, operating licenses, mining leases, water rights, and road access.
With all permits in place, Auric plans rapid development, evaluating refurbishment or rebuild to increase capacity.
The acquisition supports its goal of becoming a fully integrated gold producer, with potential to offer toll processing to third parties amid rising gold prices and tight regional capacity.
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Auric Mining compra la planta de oro de Burbanks totalmente autorizada en WA por $4.4M, con el objetivo de reiniciar las operaciones y convertirse en un productor de oro integrado.