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Santana Minerals Ltd. ( (AU:SMI) ) has provided an announcement.
Santana Minerals Ltd has appointed Paul Miles as the General Manager of its New Zealand subsidiary, Matakanui Gold Limited, effective from July 1, 2025. Miles will oversee the operational readiness and transition of the Bendigo-Ophir Gold Project from development to operations, aiming to ensure safe and timely project execution. His extensive experience in mining engineering and leadership roles is expected to contribute significantly to the project’s success. The appointment underscores Santana’s commitment to sustainable and community-focused mining practices, with a substantial portion of the company being New Zealand-owned, promising significant economic benefits, including NZD$1.5 billion in expected taxes and royalties.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.07 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
More about Santana Minerals Ltd.
Santana Minerals Ltd is a company involved in the mining industry, focusing on gold extraction. It operates through its New Zealand subsidiary, Matakanui Gold Limited, which manages the Bendigo-Ophir Gold Project. The company is primarily focused on transitioning its projects from development to operational phases, with a strong emphasis on safety, environmental responsibility, and community engagement.
Average Trading Volume: 1,401,825
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$411.9M
For an in-depth examination of SMI stock, go to TipRanks’ Overview page.