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CuFe Limited ( (AU:CUF) ) just unveiled an announcement.
CuFe Limited has made significant progress in its Tennant Creek Copper/Gold project, with a scoping study revealing strong economic potential for the Orlando open pit project. The study estimates a net present value of $355 million, which could increase to $462 million with spot pricing. The company is also working on upgrading the Gecko resource and exploring opportunities to share plant capital costs with alliance partners. Additionally, CuFe reported high-grade iron ore findings at its Camp Creek exploration project, indicating promising prospects for further development.
More about CuFe Limited
CuFe Limited is a company operating in the mining industry, focusing on copper, gold, and iron ore projects. The company is involved in exploration and development activities, with a market focus on enhancing its resource base and optimizing project economics through strategic partnerships.
Average Trading Volume: 1,212,734
Technical Sentiment Signal: Sell
Current Market Cap: A$13.47M
For detailed information about CUF stock, go to TipRanks’ Stock Analysis page.