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Cassius Mining Ltd ( (AU:CMD) ) has provided an announcement.
Cassius Mining reported ongoing progress at its Soalara Limestone Project in Madagascar, where it is in talks with potential joint venture partners and has launched a desktop study on mining, processing and infrastructure options. The project boasts a substantial JORC 2012 resource of high-purity limestone suitable for cost-effective open pit mining and supply to domestic and international markets, underscoring its potential as a future revenue driver.
The company also detailed developments in its international arbitration against the Government of Ghana, with its latest filing lifting claimed damages to about USD 905 million ahead of a June 2026 hearing in The Hague, a case that could materially affect its financial position. In parallel, Cassius highlighted the prospectivity of its Chenene Lithium Project in Tanzania and noted routine corporate activity, including interest payments on convertible notes, indicating continued operational and financing momentum across its portfolio.
More about Cassius Mining Ltd
Cassius Mining Ltd is an ASX-listed resources company focused on mineral exploration and development, with key assets including the Soalara Limestone Project in Madagascar and the Chenene Lithium Project in Tanzania. The company targets high-purity limestone for domestic and export markets, including cement producers, and is also advancing lithium, caesium and tantalum exploration near Dodoma.
Average Trading Volume: 519,924
Technical Sentiment Signal: Buy
Current Market Cap: A$28.78M
For an in-depth examination of CMD stock, go to TipRanks’ Overview page.