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St. George Mining Ltd. ( (AU:SGQ) ) has issued an update.
St George Mining Limited has appointed Carlos Alberto de Araújo, a former engineering manager at CBMM, to its team for the Araxá Project in Brazil. Araújo’s expertise in niobium processing and his experience at CBMM and Mosaic will enhance the company’s capability to fast-track the project’s development. St George aims to leverage his experience to formulate an efficient engineering solution for the Araxá Project, which is strategically located in a region with existing mining infrastructure. This move is expected to strengthen St George’s position in the market and expedite the development of the Araxá Project, benefiting from Araújo’s industry-leading knowledge and the support of the local workforce and infrastructure.
More about St. George Mining Ltd.
St George Mining Limited is a company operating in the mining industry, focusing on the development of high-grade niobium and rare earth element (REE) projects. It is actively involved in enhancing its operations in Brazil, particularly at the Araxá Project, which is known for its significant mineral resources.
YTD Price Performance: 50.0%
Average Trading Volume: 32,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €28.49M
Find detailed analytics on SGQ stock on TipRanks’ Stock Analysis page.