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The latest update is out from EDM Resources Inc ( (TSE:EDM) ).
EDM Resources Inc. has provided an update on the Scotia Mine’s progress towards commercial production, highlighting key developments such as the ongoing Dense Media Separation Study and advancements in water modeling for regulatory applications. The company is also negotiating a significant gypsum offtake agreement and progressing with a silver royalty transaction. Additionally, EDM has completed its Annual General Meeting, re-electing directors and approving stock plans, while preparing to exhibit at an upcoming industry conference.
More about EDM Resources Inc
EDM Resources Inc. operates in the mining industry, focusing on the development and production of mineral resources. The company is primarily involved in advancing the Scotia Mine towards commercial production, with a market focus on mineral extraction and processing.
YTD Price Performance: -28.57%
Average Trading Volume: 42,260
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$5.23M
Learn more about EDM stock on TipRanks’ Stock Analysis page.
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