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Medallion Metals Ltd ( (AU:MM8) ) just unveiled an announcement.
Medallion Metals Limited has made significant progress in negotiations with IGO Limited for the acquisition of the Cosmic Boy Process Plant at the Forrestania Nickel Operation, which could enhance their sulphide development strategy. Concurrently, Medallion’s Ravensthorpe Gold Project has reported promising drilling results and received substantial interest from potential copper concentrate offtake parties, alongside a positive environmental assessment outcome, bolstering the company’s strategic positioning and growth potential.
More about Medallion Metals Ltd
Medallion Metals Limited is a company operating in the mining industry, focusing primarily on gold and copper resources. The company is engaged in strategic growth opportunities and development strategies, particularly through its Ravensthorpe Gold Project and potential acquisitions related to the Forrestania Nickel Operation.
YTD Price Performance: 91.67%
Average Trading Volume: 1,176,715
Technical Sentiment Signal: Sell
Current Market Cap: A$110.1M
Find detailed analytics on MM8 stock on TipRanks’ Stock Analysis page.