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The latest update is out from Star Minerals Ltd. ( (AU:SMS) ).
Star Minerals Limited has announced progress in environmental approvals for its Tumblegum South Gold Project, driven by the rising gold prices, currently exceeding A$4,500/oz. This development is expected to enhance the project’s viability and potential profitability, with plans for mining and processing solutions underway. Additionally, the company is advancing its dual strategy by engaging in both monetization of the gold project and exploration rights for the Cobra Uranium Project in Namibia, aiming to capitalize on the rising market value of its assets.
More about Star Minerals Ltd.
Star Minerals Limited operates in the mining industry, focusing on gold and uranium projects. The company is involved in the Tumblegum South Gold Project and the Cobra Uranium Project in Namibia.
YTD Price Performance: -17.50%
Average Trading Volume: 160,783
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of SMS stock, go to TipRanks’ Stock Analysis page.
