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Gibb River Diamonds Limited ( (AU:GIB) ) just unveiled an announcement.
Gibb River Diamonds Limited has commenced mining operations at the Edjudina Gold Project in the Eastern Goldfields of WA, with BML Ventures Pty Ltd handling all mining-related costs. This arrangement minimizes GIB’s financial exposure while allowing them to share profits with BML, as the ore will be processed and sold in the spot gold market.
More about Gibb River Diamonds Limited
Gibb River Diamonds Limited is a company operating in the mining industry, primarily focusing on diamond and gold projects. The company is engaged in exploration and development activities, with a market focus on the Eastern Goldfields of Western Australia.
Average Trading Volume: 137,063
Technical Sentiment Signal: Buy
Current Market Cap: A$9.87M
For detailed information about GIB stock, go to TipRanks’ Stock Analysis page.