BMG Resources (ASX:BMG) Moves Closer to Gold Production with Toll Treatment Agreement

July 07, 2025 04:00 PM AEST | By Team Kalkine Media

BMG Resources (ASX:BMG) Moves Closer to Gold Production with Toll Treatment Agreement — Image source: Shutterstock

Ore Processing Agreement with Wiluna Mining

Under the agreement, BMG will retain ownership of its ore during the entire process. Ore will be delivered to Matilda’s run-of-mine pad, after which Wiluna will manage the crushing, treatment, and subsequent transport of gold to a nominated refinery. The processing fees will be structured based on a fixed per-tonne rate, with adjustments tied to the gold price and ore quality.

Advancing the Abercromby Project

The Abercromby project is located on a granted mining lease, adding logistical simplicity and accelerating the route toward operational readiness. Supported by established regional infrastructure and now with a clear ore processing solution in place, the project is shaping into a promising low-capex development scenario.

Positioning for Gold Production

This agreement underscores a pivotal stage for BMG Resources as it transitions from explorer to gold producer. The collaboration with Wiluna Mining not only early-stage production planning but also aligns with current favourable market conditions in the gold sector.

BMG continues to advance its scoping study with a focus on maximising margin and operational simplicity. While the company is not among the, this latest move places it on the radar for those monitoring emerging developments within Australia’s gold mining landscape.

With the toll treatment arrangement secured and strategic groundwork in place, the path ahead for BMG Resources appears focused on realising near-term production goals from its Abercromby gold project.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.