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Monument Mining and Great Boulder Resources Collaborate on Ore Processing

Story Highlights

Monument Mining ( (TSE:MMY) ) has issued an announcement.

Monument Mining Limited has entered into a Memorandum of Understanding with Great Boulder Resources to potentially process ore from Great Boulder’s Side Well Gold Project through Monument’s Burnakura Mill in Western Australia. This collaboration aims to optimize mining and ore processing by sharing technical expertise and conducting joint scoping studies, which could enhance Monument’s operational capabilities and provide Great Boulder with a viable ore treatment option.

More about Monument Mining

Monument Mining Limited is a Canadian gold producer that operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in Western Australia. The company also has a 20% interest in the Tuckanarra Gold Project. Monument Mining is focused on leveraging its strong production management team to drive growth and efficiency in the gold mining industry.

YTD Price Performance: 50.0%

Average Trading Volume: 367,016

Technical Sentiment Signal: Sell

Current Market Cap: C$147.8M

For detailed information about MMY stock, go to TipRanks’ Stock Analysis page.

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