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Cassius Mining Ltd ( (AU:CMD) ) has issued an update.
Cassius Mining Ltd has made progress in its Soalara Limestone Project in Madagascar by engaging potential mining and offtake partners to advance towards commercial development. The project benefits from a strategic location near a sea port, facilitating cost-effective logistics. Additionally, the company is involved in a joint venture in Saudi Arabia to explore mineral resources under the Vision 2030 initiative. In Ghana, Cassius is pursuing international arbitration against the government for breaches of contract, seeking damages exceeding USD 275 million.
More about Cassius Mining Ltd
Cassius Mining Ltd is a company involved in the mining industry, focusing on the extraction and development of mineral resources. Its primary projects include the Soalara Limestone Project in Madagascar, which boasts a significant limestone deposit, and a joint venture in Saudi Arabia aimed at exploring critical minerals as part of the country’s Vision 2030 initiative.
YTD Price Performance: 60.0%
Average Trading Volume: 880,402
Technical Sentiment Signal: Buy
Current Market Cap: A$10.84M
For a thorough assessment of CMD stock, go to TipRanks’ Stock Analysis page.