The latest announcement is out from Vertex Minerals Ltd. ( (AU:VTX) ).
Vertex Minerals Limited has announced the acquisition of an Epiroc Boomer TD1 drill rig to enhance its operations at the Reward Gold Mine. This purchase is expected to improve the company’s development and production capabilities, as the rig is designed for high-speed drilling and can be converted for different mining tasks. The strategic acquisition is anticipated to bolster Vertex’s operational efficiency and support its growth in the mining sector.
More about Vertex Minerals Ltd.
Vertex Minerals Limited operates in the mining industry, focusing on the development and production of gold. The company is involved in underground mining operations, with a particular emphasis on narrow vein mining techniques.
YTD Price Performance: 21.43%
Average Trading Volume: 686,207
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$48.49M
For a thorough assessment of VTX stock, go to TipRanks’ Stock Analysis page.