Midnight Sun Mining (TSE:MMA) has released an update.
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Midnight Sun Mining Corporation faces a setback as the Zambian Ministry of Mines rejects the renewal of their exploration license for the Kazhiba Dome target, part of their Solwezi Project. The company remains optimistic about resolving the issue and plans to refocus efforts on the Mitu copper target in cooperation with First Quantum Minerals. This redirection aligns with their existing plans to supply the Kansanshi Mine with potential oxide copper feed sources.
For further insights into TSE:MMA stock, check out TipRanks’ Stock Analysis page.