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Ariana Resources ( (GB:AAU) ) has issued an announcement.
Ariana Resources has successfully completed its first gold-silver doré pour at the Tavşan Mine in Türkiye, marking a significant milestone in its mining operations. The mine, which is part of the Zenit Mining Operations, is expected to ramp up production and reach steady-state by Q2 2026, becoming a primary gold-producing asset for the company. This development is poised to enhance Ariana’s cash generation capabilities and solidify its industry positioning as it shifts focus from the Kiziltepe to Tavşan operations.
More about Ariana Resources
Ariana Resources PLC is a mineral exploration, development, and production company with interests in gold projects across Africa and Europe. The company focuses on gold and silver mining operations, with a significant market presence in Türkiye and a strategic interest in developing the Dokwe Gold Project in Zimbabwe.
Average Trading Volume: 4,811,319
Technical Sentiment Signal: Strong Sell
Current Market Cap: £32.74M
See more insights into AAU stock on TipRanks’ Stock Analysis page.