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Kingsrose Mining Ltd ( (AU:KRM) ) has issued an announcement.
Kingsrose Mining Ltd announced significant progress in its Finnmark project, with the detection of six clusters of magnetic anomalies, two of which align with previously identified copper-rich surface anomalies. BHP has withdrawn from the Central Finland project to concentrate on the more promising Finnmark Project. The company is also advancing its Penikat project in Finland, with ongoing permitting and environmental reviews. The appointment of Terry Holohan as Acting CEO marks a strategic shift towards aggressive M&A activities and continued exploration efforts. The company’s cash balance increased to A$27.287 million as of June 2025, reflecting strong financial health.
More about Kingsrose Mining Ltd
Kingsrose Mining Ltd is a company involved in the exploration of nickel, copper, and PGE projects in the Fennoscandian region. It operates one of the largest generative exploration programs in Europe, funded by an alliance with BHP. The company is advancing its projects in Norway and Finland, focusing on potential polymetallic mineralization.
Average Trading Volume: 894,652
Technical Sentiment Signal: Buy
Current Market Cap: A$31.65M
For detailed information about KRM stock, go to TipRanks’ Stock Analysis page.