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Nagambie Resources Kicks Off Mine Plant Construction
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Nagambie Resources Kicks Off Mine Plant Construction

Nagambie Resources Limited (AU:NAG) has released an update.

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Nagambie Resources Limited has commenced earthworks for a new 300,000 tpa carbon-in-leach treatment plant at the Nagambie Mine, as part of a joint venture with Golden Camel Mining. The construction and commissioning costs are fully funded by Golden Camel Mining, while profits and operating costs will be equally divided between the two companies post-commissioning.

For further insights into AU:NAG stock, check out TipRanks’ Stock Analysis page.

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