Lumina Gold (TSE:LUM) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Lumina Gold has successfully negotiated an Exploitation Contract with the Ecuadorian government, marking a significant milestone for its Cangrejos project, the largest gold deposit in Ecuador. This agreement aligns with the company’s pre-feasibility study and ensures a stable economic framework, positioning the project for future development. The contract also includes investor protection rights, enhancing the project’s appeal to stakeholders.
For further insights into TSE:LUM stock, check out TipRanks’ Stock Analysis page.