Auric Mining Ltd. (AU:AWJ) has released an update.
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Auric Mining Ltd. has announced a strategic acquisition of the Burbanks Gold Processing Facility for A$4.4 million, aiming to bolster its gold production capabilities. The facility, located near Coolgardie, WA, offers significant infrastructure and permits, allowing Auric to optimize and increase its processing capacity. This acquisition positions Auric for substantial growth, aligning with its strategy of acquiring quality assets at competitive prices.
For further insights into AU:AWJ stock, check out TipRanks’ Stock Analysis page.