
The KEP will enhance processing capacity at the Karlawinda gold mine to 6.5mtpa.
The KEP will increase the processing capacity at the Karlawinda gold mine to 6.5 million tonnes per annum, boosting annual gold output to approximately 150,000 ounces, a 25% increase from current levels. The company’s board approved the expansion in October 2024, and regulatory approval was secured last month, enabling rapid progress on the ground.
Mark Clark, Capricorn’s executive chairman, stated: “We are really excited to hit the ground with early development works on the Karlawinda Expansion Project. We have worked hard to be prepared for an expedited start to construction works. We look forward to delivering a project that will lift gold production at the low cost, high margin Karlawinda operation by 25% to around 150,000oz per annum and should deliver significant value for Capricorn shareholders once it is operational in Q1 FY27.”
Construction efforts are advancing across multiple fronts. A 164-room accommodation village expansion has been completed and is operational. The plant site has been cleared, with bulk earthworks underway. A dedicated stores building for the KEP is finished and supports ongoing construction activities. A concrete contractor has mobilized, and a concrete batch plant is operational, preparing foundations for ancillary facilities and the main plant area.
Mining activities are progressing, with excavation work started for the boxcut into the Bibra pit, aligning with the expanded mine plan. Operations have also begun in the Berwick pit, and clearing for the second tailings storage facility is ongoing. The process plant design is approximately 75% complete, with early orders placed for all mechanical equipment. The ball mill, a critical component, has been purchased and is scheduled to arrive in the fourth quarter of FY26, with commissioning planned for the following quarter.
The Karlawinda Expansion Project is poised to enhance Capricorn Metals’ operational efficiency and contribute to the regional economy through increased gold production and sustainable mining practices.