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Diatreme Resources Limited ( (AU:DRX) ) just unveiled an announcement.
Diatreme Resources Limited announced significant progress in its Northern Silica Project, receiving Major Project Status and advancing its Environmental Impact Statement to the final approval stages. The company reported a reduced net loss for the half year and secured a government tax rebate for its Cyclone Zircon Project. Diatreme maintains a strong cash position, with a total of $10.71 million, and continues to engage with investors through conferences and presentations.
More about Diatreme Resources Limited
Diatreme Resources Limited is a company operating in the mining industry, primarily focusing on silica and zircon projects. The company’s flagship project is the Northern Silica Project, and it is also involved in the Cyclone Zircon Project.
Average Trading Volume: 1,202,077
Technical Sentiment Signal: Sell
Current Market Cap: A$95.16M
See more insights into DRX stock on TipRanks’ Stock Analysis page.