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An announcement from Hillgrove Resources Limited ( (AU:HGO) ) is now available.
Hillgrove Resources Limited has successfully transitioned to an underground copper producer, achieving key milestones such as commencing bulk mining, commissioning a processing plant, and declaring commercial production in 2024. This transition, coupled with record copper prices and improved operational performance, led to a robust financial year. Looking ahead, the company plans to expand its operations by exploring new mining opportunities within its existing lease, with drilling activities planned in several promising zones.
More about Hillgrove Resources Limited
Hillgrove Resources Limited operates within the mining industry, focusing primarily on copper production. The company has transitioned to an underground copper producer, marking a significant shift in its operational strategy.
YTD Price Performance: -32.00%
Average Trading Volume: 5,342,458
Technical Sentiment Signal: Buy
Current Market Cap: A$86.25M
Find detailed analytics on HGO stock on TipRanks’ Stock Analysis page.