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Silver Mines Project Consent Overturned, Review Underway
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Silver Mines Project Consent Overturned, Review Underway

Silver Mines Limited (AU:SVL) has released an update.

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Silver Mines Limited has announced that the NSW Court of Appeal has upheld an appeal by Bingman Catchment Landcare Group, rendering the development consent for the Bowdens Silver Project ineffective. The company is now evaluating the court’s decision’s impact with legal advisors and considering submitting a new development application. This development is crucial as the project is expected to generate significant employment and economic benefits in New South Wales.

For further insights into AU:SVL stock, check out TipRanks’ Stock Analysis page.

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