CuFe Limited (AU:CUF) has released an update.
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CuFe Limited reports a strong operational quarter with increased mining efficiency and sales volume from its JWD iron ore project, despite falling iron ore prices which were mitigated by strategic hedging. The company has also advanced exploration and secured capital through a $3.0m placement, positioning itself for further growth in the iron ore and copper sectors.
For further insights into AU:CUF stock, check out TipRanks’ Stock Analysis page.