Cassius Mining Ltd ( (AU:CMD) ) just unveiled an announcement.
Cassius Mining Ltd announced its plans to advance the Soalara Limestone Project in Madagascar, emphasizing the asset’s suitability for open-pit mining due to its shallow nature and high limestone purity. The company is exploring partnerships and market opportunities to bring the project to a revenue-generating stage, supported by favorable logistics and a positive mining climate in Madagascar following recent regulatory reforms. Additionally, Cassius is capitalizing on opportunities in Saudi Arabia through a joint venture to explore critical minerals, aligning with the country’s Vision 2030 to expand its mining sector.
More about Cassius Mining Ltd
Cassius Mining Ltd is a mining company focused on developing mineral resources. The company is involved in the Soalara Limestone Project in Madagascar, which boasts a significant high-purity limestone resource, and a joint venture in Saudi Arabia aimed at exploring critical minerals as part of the Vision 2030 initiative.
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Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.2M
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