Freehill Mining Ltd. (AU:FHS) has released an update.
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Freehill Mining Ltd. has reported a significant 84% increase in gross sales to approximately $470,000 for the quarter ending June 30, 2024. This surge is attributed to expanded processing capacity and supply to major infrastructure projects. Additionally, the company has initiated the revival of their magnetite mining operations at Yerbas Buenas, with expectations for establishing a consistent sales channel.
For further insights into AU:FHS stock, check out TipRanks’ Stock Analysis page.