FinTechFunding

Laneway Resources: Launches iron ore crushing process

Laneway Resources Launches iron ore crushing process

  • Laneway Resources (LNY) begins the crushing process of iron ore from the Agate Creek gold mine in North Queensland
  • The crushing is taking place at the Georgetown gold processing plant, after being hauled from the company’s wholly-owned project
  • The company says the first phase of the refurbishment processing is progressing well, with site works and electrical refurbishment programs due to start processing ore in August
  • The first gold pour is then expected shortly thereafter
  • The company Resources last traded at 0.5 cents at 1:10 pm AEST
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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