Beowulf Mining (GB:BEM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Beowulf Mining PLC has announced plans to initiate the formal consultation process for the Environmental Impact Assessment of their Gállok Iron Ore project, with the submission of the corresponding Environmental Permit application targeted for Spring 2025. The company is concurrently advancing a Pre-Feasibility Study, which is expected to be completed in Q2 2025, following the deferral of an infill drilling program intended to upgrade resource categorization. CEO Ed Bowie indicated confidence in the project’s progress and highlighted the focus on environmental permitting as a determinant of the overall development timeline.
For further insights into GB:BEM stock, check out TipRanks’ Stock Analysis page.
