EQ Resources Limited (AU:EQR) has released an update.
EQ Resources Limited has announced the transition of its Mt Carbine mine to owner-operator status, aiming for cost savings and increased operational control. The transition follows a 14-month cost-plus phase with contractor Golding, setting the stage for improved mining flexibility and local workforce upskilling. The company anticipates reduced operational costs and greater mining efficiency with the move to a 24-hour mining roster.
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