Manuka Resources’ Wonawinta silver mine in New South Wales. Manuka Resources’ Wonawinta processing plant in the Cobar Basin has moved a step closer to restarting after the company received a binding offer from an Australian non-bank lender. The binding offer would effectively refinance the company’s existing senior debt facility and, ultimately, kick-start production by the first quarter of 2026. Manuka Resources executive chairman Dennis Karp said the binding offer would enable the company to capitalise on surging gold and silver prices. The restart date is contingent on details being finalised for the new debt facility and the execution of binding documents over the coming quarter.