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The latest update is out from Great Divide Mining Ltd ( (AU:GDM) ).
Great Divide Mining Ltd has announced its first gold pour at the Challenger Gold Mine, marking a significant milestone in its operations and increasing its ownership stake to 51%. The company is finalizing plans for commercial production, leveraging a cost-effective and environmentally sensitive gravity recovery process. This development positions GDM as a key player in the joint venture with Adelong Gold Limited, with a focus on low-impact mining and gold recovery, and aims to enhance shareholder value through strategic exploration and production activities.
More about Great Divide Mining Ltd
Great Divide Mining Ltd (ASX: GDM) is an Australian miner, explorer, and developer focused on gold, antimony, and critical metals. The company operates five projects across 17 tenements and aims to generate cash flow through the rapid development of producing assets in historically mined areas with existing infrastructure.
Average Trading Volume: 35,065
Technical Sentiment Signal: Buy
See more insights into GDM stock on TipRanks’ Stock Analysis page.