tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Adelong Gold Faces Joint Venture Dispute with Great Divide Mining

Story Highlights
  • Adelong Gold Limited is an Australian mineral exploration company focused on gold and lithium projects.
  • Adelong Gold is in a dispute with Great Divide Mining over a deadlock notice in their joint venture.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Adelong Gold Faces Joint Venture Dispute with Great Divide Mining

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

3D Resources Limited ( (AU:ADG) ) has provided an update.

Adelong Gold Limited has announced a dispute with Great Divide Mining Ltd regarding a deadlock notice under their Joint Venture Agreement for the Adelong Gold Project. Adelong Gold maintains that a deadlock exists and is invoking dispute resolution procedures to address disagreements over the annual program and budget. This development could impact the company’s operations and stakeholder relations as it seeks to resolve the issue and progress its projects.

More about 3D Resources Limited

Adelong Gold Limited is an Australian mineral exploration company focused on gold production at its flagship Adelong Goldfield Project in New South Wales. The company is also advancing exploration at the Apollo and Lauriston Gold Projects in Victoria and holds a promising lithium portfolio in Brazil. With a diversified portfolio, Adelong Gold is strategically positioned for growth and long-term value creation.

Current Market Cap: A$11.58M

For a thorough assessment of ADG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1