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Equatorial Resources Limited ( (AU:EQX) ) has shared an update.
Equatorial Resources Limited has been affected by the Guinea government’s recent cancellation of several mineral exploration permits, which includes the permits for its Nimba Alliance Iron Ore Project. The company has not received formal notification regarding the status change and is actively seeking clarification from Guinea’s authorities to resolve the situation and will update stakeholders as soon as more information is available.
More about Equatorial Resources Limited
Equatorial Resources Limited is a company operating in the mining industry, focusing on mineral exploration and development. Its primary projects include the Nimba Alliance Iron Ore Project in Guinea, which is centered on iron ore exploration.
Average Trading Volume: 145,159
Technical Sentiment Signal: Hold
Current Market Cap: A$18.4M
For detailed information about EQX stock, go to TipRanks’ Stock Analysis page.