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The latest announcement is out from Boab Metals Ltd ( (AU:BML) ).
Boab Metals has secured approval from Western Australia’s Department of Mines, Petroleum and Exploration for the Mining Proposal and Mine Closure Plan at its Sorby Hills silver-lead-zinc project in the East Kimberley. The decision provides the final primary mining approval required under the Mining Act and clears the way for the transition from construction to full-scale, steady-state operations.
With construction already under way following a Final Investment Decision in December 2025, the company will now focus on execution, operational readiness and commissioning ahead of first concentrate production. Boab also plans to continue strengthening its health and safety, environmental management and stakeholder engagement programs to support a safe and responsible ramp-up, reinforcing its long-term growth and positioning in the silver and lead markets.
The most recent analyst rating on (AU:BML) stock is a Sell with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
More about Boab Metals Ltd
Boab Metals Limited is a Western Australian base and precious metals company focused on advancing its fully funded, 100%-owned Sorby Hills silver-lead project in the East Kimberley region. Located 50 km from Kununurra with sealed-road access to Wyndham Port, the project targets first concentrate production in the second half of 2027 to leverage favourable silver and lead market fundamentals.
Average Trading Volume: 6,654,822
Technical Sentiment Signal: Buy
Current Market Cap: A$242.1M
For detailed information about BML stock, go to TipRanks’ Stock Analysis page.