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Emerald Resources NL ( (AU:EMR) ) has shared an update.
Emerald Resources NL has increased the ore reserve at its Okvau Gold Mine by 245,000 ounces, bringing the total to 700,000 ounces. This update enhances the mine’s open-pit access and supports the company’s growth strategy to become a multi-mine producer exceeding 300,000 ounces of gold annually. The global resources now exceed 3 million ounces, bolstered by projects in Cambodia and Australia, indicating strong future potential and ongoing resource replenishment.
More about Emerald Resources NL
Emerald Resources NL operates in the mining industry, focusing on gold production and exploration. The company’s primary assets include the Okvau Gold Mine in Cambodia and the Dingo Range Gold Project in Australia. Emerald is committed to sustainable practices, aiming for carbon-neutral operations in Cambodia, and has a history of completing projects on time and within budget. The company is listed on the ASX with the code EMR.
YTD Price Performance: 13.62%
Average Trading Volume: 2,388
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.83B
For an in-depth examination of EMR stock, go to TipRanks’ Stock Analysis page.
