Great Divide Mining Ltd (AU:GDM) has released an update.
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Great Divide Mining Ltd is set to accelerate exploration at its Coonambula Project due to a significant rise in antimony prices and its designation as a critical mineral. The company’s project, which includes the historic Banshee Antimony-Gold mine, shows promise with high-grade antimony deposits that extend beyond the current areas of extraction. With the global demand for antimony expected to grow, driven by its use in the defense industry, renewable energy, and new technologies, Great Divide aims to capitalize on this trend by expanding its exploration efforts.
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