Nativo Resources Provides Operational Update and Strategic Progress in Peru
By
Fiona Craig
PUBLISHED:
22 May 2025 @ 18:15
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Nativo Resources Plc (LSE:NTVO) has shared updates on its gold mining activities in Peru. The company plans to restart operations at the Bonanza Gold Mine in July, followed by the launch of mining activities at the Morrocota Gold Mine in August, after a temporary suspension due to severe weather conditions. To improve efficiency and control costs, Nativo has partnered with Inveritas Global Holdings for engineering and geological support.
In addition, Nativo is advancing the development of its La Patona gold ore processing facility, which is expected to lower logistics expenses and boost production profitability. The company is also assessing the potential of the Toma La Mano tailings project for gold and silver recovery, with plans to award a feasibility study contract shortly.
About Nativo Resources
Nativo Resources Plc is focused on gold mining and exploration in Peru. Operating through a 50/50 joint venture with Boku Resources SAC, the company manages assets including the Tesoro Gold Concession and Morrocota Gold Mine. Nativo’s strategy includes building its own processing plant to increase production margins and exploring opportunities to extract precious metals from local tailings deposits.
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Average Daily Trading Volume: 2,548,534 shares
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Technical Sentiment: Strong Sell
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Market Capitalization: £487,100
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