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The latest update is out from Ragusa Minerals Ltd ( (AU:RAS) ).
Ragusa Minerals Limited is advancing its acquisition of a controlling interest in Pegasus Tel Inc. and the Purple Pansy Manganese-Gold Project in Arizona, USA, a region with historical mining significance. The project is strategically important due to manganese’s critical status in the U.S., aligning with government initiatives for domestic mineral development. Concurrently, Ragusa has relinquished its Burracoppin Project in Western Australia to concentrate on the Arizona project and explore new opportunities, reflecting a strategic shift in focus.
More about Ragusa Minerals Ltd
Ragusa Minerals Limited (ASX: RAS) is an Australian company involved in the exploration and development of mineral projects. The company is acquiring a significant interest in the Purple Pansy Project in Arizona, USA, focusing on manganese and gold, which are critical for energy and defense sectors.
Average Trading Volume: 325,434
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.28M
For a thorough assessment of RAS stock, go to TipRanks’ Stock Analysis page.