0008 GMT - Macquarie's site visit to Genesis Minerals's Leonora operation in Western Australia offered some interesting insight into the company's growth ambitions. Genesis said it had already improved crushing capacity by 15%, with crushing circuit throughput now some 25%-30% higher than the processing plant at Leonora. "Interestingly, management said that matching mill capacity to crushing throughput rates could be an opportunity for Leonora, with investigations into an additional mill in the early stages," Macquarie says in a note. Still, the bank continues to forecast annual processing rates of 1.4 million tons of ore in the long term. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
March 27, 2024 20:08 ET (00:08 GMT)
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