29metals Ltd. (AU:29M) has released an update.
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MLG Oz Limited has secured a lucrative tender for the first phase of construction on 29Metals’ Golden Grove operation’s new tailings storage facility, expected to generate $8 million over six months starting late June 2024. This deal marks the beginning of a relationship between MLG and 29Metals, with MLG bringing its civil construction and tails dam expertise to the expansion of the Golden Grove mine in Western Australia. The project commencement is contingent upon the finalization of contract terms, with mobilization planned to start promptly before June 20, 2024.
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