Austral Gold Limited (AU:AGD) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Austral Gold Limited has signed a three-year agreement with Challenger Gold to process mineralized material from the Hualilan Project at its Casposo Plant in Argentina, creating a new revenue stream. The deal involves a fixed payment of US$3 million, a US$110,000 monthly fee, and an incentive fee tied to recovery margins, with operations expected to start in the second half of 2025.
For further insights into AU:AGD stock, check out TipRanks’ Stock Analysis page.