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Southern Cross Gold Eyes Growth in Victoria’s Mineral Boom

Southern Cross Gold Eyes Growth in Victoria’s Mineral Boom

Southern Cross Gold Ltd. (AU:SXG) has released an update.

Southern Cross Gold Ltd celebrates the Victorian government’s approval of two new mineral sands projects and the introduction of a Critical Minerals Roadmap, which promises a streamlined process for mining developments. This strategy positions Victoria to become a significant player in the global critical minerals market, particularly in antimony, amid rising prices and supply pressures from China. The company’s exploration efforts are set to benefit from the new economic and regulatory environment, offering potential growth in the Western antimony supply chain.

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

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