Austral Gold ( (AU:AGD) ) has provided an update.
Austral Gold has announced significant progress in the refurbishment of its Casposo Plant in Argentina, which is advancing safely and efficiently across all core workstreams. The company expects commercial operations to start in the second half of 2025, allowing it to diversify its revenue streams by bringing a second mine complex into operation. The refurbishment includes the completion of the crushing area and ongoing work in other areas, with plans for further technical evaluations and equipment upgrades in the coming months. This development is part of Austral Gold’s strategy to enhance its operational capabilities and strengthen its market position.
More about Austral Gold
Austral Gold is a growing gold and silver mining producer with a focus on building a portfolio of quality assets in the Americas. The company operates based on three strategic pillars: production, exploration, and equity investments.
YTD Price Performance: 125.00%
Average Trading Volume: 29,909
Technical Sentiment Signal: Sell
Current Market Cap: C$27.23M
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