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Brightstar Resources Set to Launch Underground Mining at Fish Project

Story Highlights
  • Brightstar Resources received approvals to start mining at Fish Underground Project.
  • The project aligns with Brightstar’s strategy to boost gold production amid record prices.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brightstar Resources Set to Launch Underground Mining at Fish Project

Brightstar Resources Limited ( (AU:BTR) ) has shared an announcement.

Brightstar Resources Limited has received all necessary regulatory approvals to commence underground mining operations at its Fish Underground Project, with portal development scheduled for April 2025 and first ore production expected in the June quarter. The project is part of Brightstar’s strategy to enhance its high-grade gold production in the Laverton region, supported by advanced camp construction and infrastructure development, and ore haulage from existing stockpiles, positioning the company to capitalize on record gold prices.

More about Brightstar Resources Limited

Brightstar Resources Limited operates in the mining industry, focusing primarily on high-grade gold assets. The company is centered around its Laverton Hub, where it manages multiple mining projects, including the Fish Underground Project and the Second Fortune Mine.

Average Trading Volume: 19,006,749

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$233.8M

For a thorough assessment of BTR stock, go to TipRanks’ Stock Analysis page.

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