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Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) just unveiled an update.
Native Mineral Resources Holdings Limited has entered into a joint venture with Haoma Mining NL to develop the Ravenswood Gold Project in Queensland. This collaboration will see NMR processing ore from Haoma’s Ravenswood tenements at its Blackjack Operations, with profits shared equally after costs. The venture supports NMR’s strategy to enhance its processing capabilities and strengthen its position in the Charters Towers region, potentially benefiting both companies and stakeholders by maximizing the use of the refurbished Blackjack Plant.
More about Native Mineral Resources Holdings Ltd.
Native Mineral Resources Holdings Limited is a company operating in the mining industry, primarily focusing on gold extraction and processing. The company is known for its operations in the Charters Towers region, where it aims to establish its Blackjack Operations as a central processing hub for third-party ore, alongside its own mining assets.
Average Trading Volume: 2,112,618
Technical Sentiment Signal: Sell
Current Market Cap: A$70.24M
For detailed information about NMR stock, go to TipRanks’ Stock Analysis page.