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Bougainville Copper ( (AU:BOC) ) has issued an announcement.
Bougainville Copper Limited has observed a significant increase in trading volumes of its shares following the transfer of shares from the PNG Government to the Autonomous Bougainville Government, solidifying its local stakeholder position in the Panguna Copper Project. The company is exploring the possibility of introducing an international mining partner for the redevelopment of the Panguna Project, though these discussions are in early stages and any potential arrangements would require approval from the Autonomous Bougainville Government, making current trading in BOC shares speculative.
More about Bougainville Copper
Bougainville Copper Limited is a company involved in the mining industry, focusing primarily on copper extraction. The company is a key stakeholder in the Panguna Copper Project located in Bougainville, Papua New Guinea.
Average Trading Volume: 60,420
Technical Sentiment Signal: Buy
Current Market Cap: A$258.7M
See more insights into BOC stock on TipRanks’ Stock Analysis page.