Gibb River Diamonds Eyes Production Restart

Gibb River Diamonds Limited (AU:GIB) has released an update.

Gibb River Diamonds Limited is advancing towards restarting diamond production at the Ellendale Project in Western Australia, with key environmental surveys completed and a Heritage Clearance Survey planned for June. They are also seeking to secure the grant of a crucial mining lease for their Edjudina Gold Project, while evaluating potential acquisitions in Namibia. The company ended the quarter with a strong cash position of $2.11 million, ready to fund its planned activities.

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