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Kingsrose Mining Ltd ( (AU:KRM) ) has issued an announcement.
Kingsrose Mining Limited has made significant progress in its exploration projects in Finland and Norway during the 2025 financial year. The company achieved a major milestone by obtaining an Exploration Permit for the Penikat PGE Project in Finland, although this has been appealed by NGOs. In Norway, Kingsrose completed commitments at the Råna Project, reinforcing its potential as a nickel-copper-cobalt district. The company’s alliance with BHP has been pivotal, providing funding and expertise for exploration programs, particularly in the Finnmark region, which shows promising results. Financially, Kingsrose remains strong with A$24.3 million in cash, enabling continued project advancement and exploration opportunities.
More about Kingsrose Mining Ltd
Kingsrose Mining Limited is a technically proficient and sustainability-conscious mineral exploration company listed on the ASX. The company focuses on discovering and acquiring critical mineral deposits, with key projects including the Råna nickel-copper-cobalt and Penikat PGE projects in Finland and Norway. Kingsrose is part of the BHP Xplor exploration accelerator program, which supports its exploration efforts through strategic alliances.
Average Trading Volume: 693,079
Technical Sentiment Signal: Sell
Current Market Cap: A$33.91M
Learn more about KRM stock on TipRanks’ Stock Analysis page.