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The latest announcement is out from Aguia Resources Limited ( (AU:AGR) ).
Aguia Resources Limited reported progress in its Santa Barbara Gold Project in Colombia, where underground exploration and development activities resulted in the extraction and processing of 495 tonnes of material, yielding 1.82 kg of gold. The company also completed significant infrastructure developments, including a water pipeline installation, and continued exploration drilling with promising results. In Brazil, Aguia signed a mining and logistics contract for the Tres Estradas Phosphate Project and secured a loan approval for upgrading processing facilities. The company faced challenges with workforce training, leading to management restructuring and a revised development strategy to enhance operational efficiency.
More about Aguia Resources Limited
Aguia Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in gold and phosphate projects, with significant operations in Colombia and Brazil.
Average Trading Volume: 2,251,925
Technical Sentiment Signal: Sell
Current Market Cap: A$42.9M
For detailed information about AGR stock, go to TipRanks’ Stock Analysis page.