Pennine Petroleum (TSE:PNN) has released an update.
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Pambili Natural Resources Corporation has commenced gold production at its Golden Valley mine in Zimbabwe, marking a significant milestone for the company. Despite the formal mining operations not yet restarted, the initial processing of material has resulted in the recovery of gold, indicating the mine’s potential. The company anticipates further gold yields from upcoming toll-milling operations and cleanup efforts, although the exact output remains uncertain.
For further insights into TSE:PNN stock, check out TipRanks’ Stock Analysis page.
