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Aguia Resources Limited ( (AU:AGR) ) just unveiled an announcement.
Aguia Resources Limited has made significant progress in the development of its Santa Barbara Gold Project since resuming operations in late 2024. The company has achieved key milestones in underground development and processing operations, including the installation of new equipment and infrastructure improvements. These advancements are expected to enhance production capabilities and support the company’s goal of reaching a processing rate of 50 tonnes per day by mid-2025. The project has received necessary government approvals and established commercial contracts for gold sales, indicating a positive outlook for stakeholders and future growth.
More about Aguia Resources Limited
Aguia Resources Limited operates in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is engaged in the production of gold, with a market focus on expanding its operations and improving its processing capabilities.
YTD Price Performance: 64.71%
Average Trading Volume: 37,637
Technical Sentiment Signal: Sell
Current Market Cap: €35.2M
Learn more about AGR stock on TipRanks’ Stock Analysis page.
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