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An announcement from Cerrado Gold ( (TSE:CERT) ) is now available.
Cerrado Gold’s Lagoa Salgada Project has received consent from the Portuguese Environmental Agency to submit revisions to its Environmental Impact Assessment (EIA) application, allowing for improvements without a full resubmission. The revisions include eliminating cyanide use, enhancing water resource protection, and implementing real-time environmental monitoring, all aimed at strengthening the project’s environmental compliance and operational robustness. This step is seen as a positive move towards obtaining final approval, with the company expecting a decision by Q1 2026.
More about Cerrado Gold
Cerrado Gold Inc. operates in the mining industry, focusing on the exploration and development of gold and other mineral resources. The company is engaged in various projects, including the Lagoa Salgada Project in Portugal, aiming to enhance its environmental and operational standards.
YTD Price Performance: 81.82%
Average Trading Volume: 334,674
Technical Sentiment Signal: Buy
Current Market Cap: C$90.12M
Find detailed analytics on CERT stock on TipRanks’ Stock Analysis page.