The Edna May restart is the immediate focus, but Forrestania is also pushing ahead with a second strategic processing hub at Lake Johnston, slated for commissioning and production in early 2027. The company said key refurbishment and procurement activities are progressing well, highlighted by the hot commissioning of the gold elution circuit now underway. Major components including the motor control centre assembly and a locally bought conveyor are in transit, while concrete works and screen tower refurbishment are also continuing.
Forrestania's restart timetable is emerging against a strong Australian gold backdrop, with spot prices consolidating around A$6000 per ounce. That environment is supporting investment in restarts, mill upgrades and new production, with national gold output forecast to grow from 293 tonnes in FY2026 to 369 tonnes in FY2027, a 26 per cent increase, according to forecasts cited by the Minerals Council of Australia.
The company's executive chairman David Geraghty said: 'Forrestania seeks to take advantage of Edna May's production-ready status and to progress Lake Johnson into production in early 2027.'