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An update from Augustus Minerals Limited ( (AU:AUG) ) is now available.
Augustus Minerals Limited has completed the acquisition of ACM Contract Mining PNG Ltd, positioning itself as the second-in-line applicant for the Mt Kare Gold Project exploration license in Papua New Guinea. This strategic move enhances Augustus’s potential to secure a premier gold development opportunity in the region, with plans to pursue legal avenues to secure tenure and explore further asset acquisitions in PNG’s mineral-rich corridors.
More about Augustus Minerals Limited
Augustus Minerals Limited is a company operating in the mining industry, focusing on mineral exploration and development. Its primary market focus is on gold projects, particularly in the Australasia-Pacific region.
Average Trading Volume: 419,155
Technical Sentiment Signal: Sell
See more data about AUG stock on TipRanks’ Stock Analysis page.