Highlights
- Santa Barbara facility delivering consistent gold throughput
- Infrastructure upgrades signal capacity expansion in 2025
- First gold revenue set to be recorded imminently
Aguia Resources (ASX:AGR) has shared a significant operational update on its Santa Barbara Gold Project in Colombia, signaling consistent gold processing and infrastructure enhancements that position the company for further growth. The project’s processing plant is currently operating at a steady rate of 15 tonnes of gold-bearing material per day, marking a stable and scalable production phase.
The facility has the capacity to process up to 30 tonnes per day, and Aguia expects the mining operations to match this volume in the latter half of this month. Importantly, preparations are underway to expand throughput to 50 tonnes per day by July 2025. The recent installation of secondary and tertiary crushers has already boosted crushing and grinding capabilities to 30 tonnes per day. With this upgrade, the infrastructure is in place to support even greater volumes once underground mining output increases.
With a market capitalisation of approximately $59.9 million, Aguia Resources is also finalizing the commissioning of a 5.5-kilometer water pipeline to support its processing plant operations. This improvement is expected to enhance both consistency and efficiency in mineral extraction and processing. The pipeline forms part of a broader strategy to scale operations responsibly and improve resource recovery from high-grade gold veins.
The latest updates come after Aguia completed an extensive government audit—an essential step in its licensing process to supply gold to domestic and international refineries. This milestone opens the door for the company to record its first gold revenue, with sales expected to commence within the week.
As of the time of writing, gold is trading at around $5,214 per ounce, providing a favorable price environment for gold-focused resource companies.
While Aguia is not currently a part of the official ASX200 index, its steady operational progress and revenue-generation potential could place it on the radar for investors tracking performance within the broader ASX200 market.
Additionally, the company’s long-term development strategy and infrastructure investments may appeal to those seeking growth-oriented exposure in the mining sector, complementing strategies that typically include established ASX dividend stocks.
As operations at Santa Barbara ramp up, Aguia Resources’ ongoing milestones in infrastructure and production reflect a story of progress, positioning the company to benefit from sustained demand in the global gold market.