tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Resource Mining Corporation Advances Exploration Efforts in Tanzania and Saudi Arabia

Story Highlights
Resource Mining Corporation Advances Exploration Efforts in Tanzania and Saudi Arabia

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Resource Mining Corporation Limited ( (AU:RMI) ) has shared an announcement.

Resource Mining Corporation Limited has initiated a RAB drilling program targeting copper and gold mineralization at the Mpanda project in Tanzania, following the end of the June 2025 quarter. Additionally, the company completed fieldwork on two gold projects in Saudi Arabia as it advances towards exercising a joint venture option. The company ended the quarter debt-free, which may positively impact its financial stability and operational capacity.

More about Resource Mining Corporation Limited

Resource Mining Corporation Limited (ASX: RMI) is a Perth-based specialist mineral exploration company focused on creating wealth from mineral commodities through the exploration of economic metal deposits in Tanzania and Finland.

Average Trading Volume: 4,413,676

Technical Sentiment Signal: Hold

Current Market Cap: A$13.95M

For an in-depth examination of RMI stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1