Great Divide Mining Ltd (AU:GDM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Great Divide Mining has partnered with Adelong Gold Limited to acquire a 51% interest in the Adelong Gold Project, aiming to resume gold production within a year. The agreement involves an initial investment by Great Divide Mining and the refurbishment of the Adelong Gold Plant, with the Ryan Family providing crucial operational expertise and equipment. This strategic move is expected to revitalize the storied mining area in New South Wales and potentially expand its gold resources.
For further insights into AU:GDM stock, check out TipRanks’ Stock Analysis page.