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An update from Australia United Mining Limited ( (AU:AYM) ) is now available.
Australia United Mining Limited has announced a joint venture with MinRex Resources Limited to develop the Sofala Gold Project in New South Wales. Despite the potential of the project, no new field activities were conducted during the quarter, indicating a period of strategic planning or resource allocation.
More about Australia United Mining Limited
Australia United Mining Limited is engaged in the mining industry, focusing on gold exploration and production. The company holds tenure over two projects in New South Wales and Queensland, which have shown evidence of significant historical gold production.
Current Market Cap: A$7.37M
For detailed information about AYM stock, go to TipRanks’ Stock Analysis page.