Capricorn Metals Ltd (AU:CMM) has released an update.
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Capricorn Metals Ltd is set to enhance its Karlawinda Gold Project by increasing annual gold production to 150,000 ounces. The expansion, backed by a $120 million investment, involves installing a new processing circuit with a payback period of 20 months. This development is expected to bolster Capricorn’s position in the Australian gold production market, promising strong financial returns and operational efficiency.
For further insights into AU:CMM stock, check out TipRanks’ Stock Analysis page.
