Vertex Minerals Ltd. ( (AU:VTX) ) has issued an update.
Vertex Minerals Limited has announced the acquisition of an Aramine L350D Loader for its Reward Gold Mine, aimed at improving underground mining operations. The loader, designed for small-scale gold mining, will facilitate long hole stoping and enhance safety with remote operation capabilities. Additionally, the company is exploring new areas above the 640 Amalgamated level, which could allow for wider stope mining, potentially improving productivity and changing mining economics through the use of an ore sorter in the processing plant.
More about Vertex Minerals Ltd.
Vertex Minerals Limited is a company operating in the gold mining industry, focusing on small-size gold mining operations. The company is involved in the extraction and processing of gold, with a market focus on enhancing mining efficiency and productivity.
YTD Price Performance: 35.71%
Average Trading Volume: 673,633
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$54.2M
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