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Chalice Mining ( (AU:CHN) ) has provided an update.
Chalice Mining has outlined its development plan for the Gonneville PGE-Ni-Cu-Co Project, with a Pre-Feasibility Study (PFS) scheduled for completion in Q4 2025 and environmental approvals progressing as planned. The project, located in Western Australia, involves a long-life open-pit mine with phased development to optimize returns and profitability. The company is financially robust, with $83 million in cash and investments, ensuring funding through to the Final Investment Decision expected in late 2027. Chalice is also exploring strategic partnerships and sustainable infrastructure solutions, including hybrid power options and water sourcing agreements, to support the project’s development.
The most recent analyst rating on (AU:CHN) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.
More about Chalice Mining
Chalice Mining Limited is a company operating in the mining industry, primarily focused on the exploration and development of mineral resources. The company is engaged in the production of platinum group elements (PGE), nickel, copper, and cobalt, with a significant project located in Western Australia.
Average Trading Volume: 3,598,246
Technical Sentiment Signal: Hold
Current Market Cap: A$601M
Find detailed analytics on CHN stock on TipRanks’ Stock Analysis page.