Manuka Resources Limited
MKR.AX
Australian Securities Exchange0.09
AUD
+0.01
- -
Manuka Resources Limited
MKR.AX
(Australian Securities Exchange)
Recent
price
0.09
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Manuka Resources Limited is a mining and exploration company primarily engaged in the development, mining, and processing of precious metals and critical minerals. Its core products and services include gold and silver mining and processing, iron sands exploration containing vanadium and titanium, and the operation of fully permitted mining projects. The company owns and operates significant mining assets in the Cobar Basin in New South Wales, Australia, including the fully permitted Wonawinta silver and base metals project with a processing plant capacity of 850,000 tonnes per year, and the Mt Boppy gold mine. Additionally, Manuka Resources controls the Taranaki Vanadium Titanomagnetite (VTM) iron sands project off the coast of New Zealand, located in the Exclusive Economic Zone, with a granted mining license permitting production of five metric tons per annum. Founded in 2005 and headquartered in Australia, Manuka Resources operates through segments including Australian exploration and operations, as well as New Zealand exploration. Its Australian operations focus on exploration and appraising gold and silver deposits at Mt Boppy and Wonawinta, while its New Zealand segment focuses on the development of the Taranaki VTM project via its fully owned subsidiary Trans-Tasman Resources Limited, acquired in November 2022. This acquisition marked a significant strategic expansion, bringing offshore iron sands resources and advanced development projects under Manuka's portfolio. In recent major developments, Manuka Resources completed an $8 million fully underwritten entitlement offer in mid-2025 to fund the advancement of the Cobar Basin production plan and the restart of the Wonawinta processing plant, targeting the resumption of silver and gold production by early 2026. The company also continues to optimize mining and processing operations at Wonawinta and Mt Boppy while maintaining exploration programs for additional resource growth within its extensive tenement holdings in the Cobar Basin and offshore New Zealand. The combination of near-term precious metals production with longer-term critical minerals exposure positions Manuka Resources as a diversified mining entity focused on regional development in Australia and New Zealand.