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Red Rock Resources ( (GB:RRR) ) has provided an update.
Red Rock Resources Plc has provided an update regarding its ongoing arbitration in the Democratic Republic of the Congo (DRC). A meeting on January 22, 2025, in Kinshasa, marked significant progress towards a settlement after 29 months of limited advancement. The arbitrator has instructed the parties to exchange necessary documents and attempt to reach a consensus before the arbitration is finalized. This development is seen as a positive step towards resolving the protracted legal matter, potentially impacting the company’s operations and stakeholder confidence positively.
More about Red Rock Resources
Red Rock Resources Plc is a natural resource exploration and development company focused on gold, base metals, battery metals, and hydrocarbons, with primary operations in Africa and Australia.
YTD Price Performance: 25.00%
Average Trading Volume: 57,199,646
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.84M
See more insights into RRR stock on TipRanks’ Stock Analysis page.
