tiprankstipranks
Xanadu Mines Ltd Refines Economic Assessment
Company Announcements

Xanadu Mines Ltd Refines Economic Assessment

Xanadu Mines Ltd (AU:XAM) has released an update.

Xanadu Mines Ltd has updated its Preliminary Economic Assessment (PEA) for the Kharmagtai Copper-Gold Project in Mongolia, with no changes to the original technical or economic outcomes. The amendments include clarifications and a new independent qualified person overseeing the report, alongside a draft budget for the upcoming pre-feasibility study (PFS). Investors can anticipate the PFS report in the third quarter of 2024, which is projected to build upon the PEA with more comprehensive data.

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

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles