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Brightstar Resources Limited ( (AU:BTR) ) has issued an announcement.
Brightstar Resources Limited has received approval from the Department of Mines, Petroleum and Exploration for the Mining Proposal and Mine Closure Plan for the Lord Byron Open Pit, marking a significant step towards its development and production in the second half of 2026. This approval, along with recent exploration results indicating potential increases in mineral resources, positions Brightstar to accelerate its gold production growth, enhancing its operational capabilities and industry positioning.
The most recent analyst rating on (AU:BTR) stock is a Buy with a A$1.21 price target. To see the full list of analyst forecasts on Brightstar Resources Limited stock, see the AU:BTR Stock Forecast page.
More about Brightstar Resources Limited
Brightstar Resources Limited is a company operating in the mining industry, focusing on gold production. The company is involved in the development and operation of mining projects, with a market focus on expanding its gold production capabilities within its Laverton Hub.
Average Trading Volume: 3,194,795
Technical Sentiment Signal: Buy
Current Market Cap: A$275.1M
Learn more about BTR stock on TipRanks’ Stock Analysis page.