The latest update is out from CuFe Limited ( (AU:CUF) ).
CuFe Limited announced a substantial increase in its JORC resource at the Orlando project in Tennant Creek, with copper and gold resources increasing by 89% and 120% respectively. This expansion is expected to positively impact the project’s economics, supported by the Tennant Creek Alliance’s ongoing scoping study for shared plant operations. Additionally, CuFe completed iron ore inventory sales at JWD and received a new exploration tenement at Camp Creek, enhancing its prospects for high-grade iron ore near Darwin port. The company also appointed David Palmer as a Non-Executive Director, bringing valuable expertise to its board.
More about CuFe Limited
CuFe Limited is a company operating in the mining industry, focusing primarily on the exploration and development of copper, gold, and iron ore projects. The company has a significant interest in the Tennant Creek project and is actively involved in joint ventures to enhance its operational capabilities.
Technical Sentiment Signal: Buy
Current Market Cap: €4.56M
See more data about CUF stock on TipRanks’ Stock Analysis page.