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The latest update is out from GR Engineering Services Ltd ( (AU:GNG) ).
Horizon Minerals Limited has awarded GR Engineering Services Ltd the contract for engineering studies to refurbish and repurpose the Black Swan processing plant for gold production. This project is a significant step towards Horizon’s goal of becoming a mid-tier gold producer, as it involves providing capital and operating cost estimates with a high degree of accuracy, leveraging GR Engineering’s extensive experience in the industry.
More about GR Engineering Services Ltd
GR Engineering Services Ltd is a leading engineering firm specializing in the design and construction of mineral processing plants, with a focus on gold processing facilities in the Western Australian Goldfields.
YTD Price Performance: 15.06%
Average Trading Volume: 179,839
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$460.2M
For a thorough assessment of GNG stock, go to TipRanks’ Stock Analysis page.