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The latest update is out from Challenger Exploration Limited ( (AU:CEL) ).
Challenger Gold Limited announced that the refurbishment of the Casposo Processing Plant is on track, with commissioning set for August 2025. The plant will begin processing ore under a Toll Milling Agreement in November 2025, aiming to leverage high gold prices for early cash flow to fund the Hualilan Gold project. The Toll Milling strategy is expected to deliver significant economic benefits, with robust margins projected even under conservative commodity price scenarios.
More about Challenger Exploration Limited
Challenger Gold Limited operates in the mining industry, focusing on gold and silver production. The company is involved in the refurbishment and operation of processing plants, with a strategic emphasis on capitalizing on high gold prices to generate cash flow for future projects.
Average Trading Volume: 2,428,463
Technical Sentiment Signal: Buy
Current Market Cap: A$186M
For a thorough assessment of CEL stock, go to TipRanks’ Stock Analysis page.