tiprankstipranks
Akora Resources Gains Key Government Backing
Company Announcements

Akora Resources Gains Key Government Backing

Akora Resources Ltd. (AU:AKO) has released an update.

Don't Miss our Black Friday Offers:

Akora Resources Ltd. has received a significant show of support from the Malagasy Ministry of Mines for its Bekisopa Iron Ore Project, reflecting positive discussions held in Perth and Madagascar. The company is advancing towards a Final Investment Decision with a Pre-Feasibility Study underway, aiming for a completion announcement in early 2025. These steps align with the Malagasy government’s efforts to update the Mining Code and showcase the country’s mineral wealth and investment opportunities.

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

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