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An update from Cora Gold ( (GB:CORA) ) is now available.
Cora Gold Limited announced its unaudited interim results for the first half of 2025, highlighting significant progress in its flagship Sanankoro Gold Project in Mali. The company reported a 13% increase in its Mineral Resource Estimate, reaching over 1 million ounces of gold, and the partial lifting of Mali’s moratorium on new mining permits has allowed Cora to advance its permitting process. The appointment of SENET to oversee an updated Definitive Feasibility Study and recent optimisation test work suggest potential improvements in gold recovery and operating costs. The company also strengthened its board with the addition of Adam Davidson and completed a successful fundraise to support its development plans. With ongoing engagement with Mali’s mining administration and the updated DFS on track for completion, Cora is well-positioned for a transformative period, aiming to build a high-quality, long-life gold mine.
More about Cora Gold
Cora Gold Limited is a West African-focused gold developer with projects in Mali and Senegal. The company’s primary focus is on advancing the Sanankoro Gold Project in southern Mali towards development as an open-pit oxide mine. Cora is led by a team with a proven track record in discovering and developing multi-million-ounce gold deposits into operating mines.
Average Trading Volume: 196,394
Technical Sentiment Signal: Buy
Current Market Cap: £32.12M
Learn more about CORA stock on TipRanks’ Stock Analysis page.