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An announcement from New World Resources Limited ( (AU:NWC) ) is now available.
New World Resources Limited has announced significant progress in the development of its Antler Copper Project in Arizona, highlighted by the receipt of a Determination of NEPA Adequacy for its Federal Permit Application. This milestone aligns with the company’s strategy to advance the project towards full permitting by early 2026. The U.S. government’s recent executive order to boost domestic critical mineral production, including copper, presents a favorable policy environment that could expedite project timelines and enhance economic viability. Additionally, New World successfully raised A$14 million through an institutional placement to fund the project’s progression, reflecting strong investor support and confidence in the company’s development strategy.
More about New World Resources Limited
New World Resources Limited is engaged in the mining industry, focusing on the exploration and development of copper and other critical minerals. The company is primarily involved in projects located in Arizona and New Mexico, USA, including the Antler Copper Project, Javelin VMS Project, and Tererro Copper-Gold-Zinc Project.
Average Trading Volume: 30,000
Technical Sentiment Signal: Buy
Current Market Cap: €39.7M
Learn more about NWC stock on TipRanks’ Stock Analysis page.