The latest update is out from Genmin Ltd. ( (AU:GEN) ).
Genmin Limited has announced that its annual general meeting (AGM) will be held on May 29, 2025, where the re-election and appointment of directors will be discussed. The company is progressing with its Baniaka iron ore project, targeting commercial production by late 2026, and is currently in discussions with potential financing partners. This development positions Genmin as a significant player in the African iron ore market, with the potential to boost Gabon’s mining industry and provide substantial returns for stakeholders.
More about Genmin Ltd.
Genmin Limited is an ASX-listed emerging African iron ore producer with a focus on developing projects in the Republic of Gabon, West Central Africa. The company holds 100% interests in three projects, including the flagship Baniaka and Bakoumba iron ore projects, which are strategically located near existing transport and renewable energy infrastructure. Genmin aims to establish Gabon’s first commercial iron ore mine and has secured necessary environmental and mining permits for Baniaka.
YTD Price Performance: -12.82%
Average Trading Volume: 501,424
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$30.13M
See more data about GEN stock on TipRanks’ Stock Analysis page.
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