Tolu Minerals produces first gold as plant commissioning advances at Tolukuma Gold Mine

April 01, 2025 03:30 PM AEDT | By Team Kalkine Media

Tolu Minerals produces first gold as plant commissioning advances at Tolukuma Gold Mine — Image source: Shutterstock

Advancing Commissioning at Tolukuma

The company is advancing its modular gravity recovery plant, with testing reaching its final stages. This development marks a crucial step toward bringing the mine into formal production, with revenue generation expected to commence soon after commissioning is completed.

Tolu Minerals has also expressed confidence in the installation and performance of its geotube tailings decant system. The technology is demonstrating its effectiveness in managing tailings, offering insights into its long-term application for tailings storage solutions.

Strengthening Operations in a Favorable Market

With gold prices remaining strong, the commissioning phase aligns with a supportive market environment. The company highlights that the modular plant's design allows for efficient scalability, ensuring that throughput matches production growth while maintaining cost efficiency.

Managing Director and CEO Ian Macpherson stated that the ongoing optimization of the processing plant and tailings management system is providing valuable data for refining operations. The technology-driven approach aims to enhance both gold and silver recovery while maintaining operational efficiency.

Scaling Production and Resource Development

The pathway to expanded production at Tolukuma is gaining momentum, with efforts now directed toward resource targets for gold processing. The company is actively working on scaling output while fine-tuning its processing capabilities to achieve greater efficiency.

Tolu Minerals has outlined a phased approach to ramping up production, with long-term strategies focused on increasing efficiency and optimizing mineral recovery rates. The company is also exploring opportunities to further enhance its infrastructure to support continued expansion.

As the commissioning process progresses, asx, Mining Stocks remain in focus, with Tolu Minerals positioning itself for sustained operations at Tolukuma Gold Mine. The ongoing advancements underscore the company’s commitment to establishing a stable production framework while refining its processing techniques for enhanced output.

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