Chrysos (ASX:C79) said installation of a PhotonAssay unit at TSX-listed OceanaGold's Macraes operation in New Zealand is set to be done in the second half of fiscal 2025, according to a Wednesday filing with the Australian bourse.
Existing customer SGS will operate the PhotonAssay unit, the first miner-leased unit operated by a laboratory onsite, the filing said.
The mining technology supplier and developer secured a three-year deal with OceanaGold, with a potential two-year extension, according to the filing.
Chrysos shares fell more than 1% in morning trade Wednesday.
Price (AUD): $4.64, Change: $-0.06, Percent Change: -1.17%
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