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Santana Minerals Ltd. ( (AU:SMI) ) just unveiled an update.
Santana Minerals Ltd has lodged a Mining Permit Application with New Zealand Petroleum & Minerals for its Bendigo-Ophir Gold Project, marking a significant step towards transitioning from exploration to mining. This move is part of the company’s strategy to commence gold production by the end of 2026, pending the acquisition of necessary Resource Consents under the Fast-track Approvals Act, which prioritizes economic benefits and expedites the consenting process.
More about Santana Minerals Ltd.
Santana Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources, particularly gold. The company is primarily engaged in transitioning its exploration projects into fully operational mining ventures.
YTD Price Performance: 16.67%
Average Trading Volume: 1,067,891
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$404.7M
For detailed information about SMI stock, go to TipRanks’ Stock Analysis page.