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Bougainville Copper ( (AU:BOC) ) has provided an announcement.
Bougainville Copper Limited has reported no production since May 1989. The company is in the early stages of a strategic partnering process to potentially involve an international mining partner in the redevelopment of the Panguna Project. This process is conducted with the endorsement of the Autonomous Bougainville Government and facilitated by financial advisers Grant Samuel. However, there is no certainty regarding the formation, timing, or terms of any partnership, and the company’s role in the project will depend on government approval.
More about Bougainville Copper
Bougainville Copper Limited is a company involved in the mining industry, focusing on the redevelopment of the Panguna Project in Bougainville, Papua New Guinea. The company is exploring strategic partnerships with international mining entities to advance its operations.
Average Trading Volume: 65,147
Technical Sentiment Signal: Buy
Current Market Cap: A$521.4M
Learn more about BOC stock on TipRanks’ Stock Analysis page.