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Santana Minerals’ Bendigo-Ophir Gold Project Gains EPA Approval

Story Highlights
  • Santana Minerals Ltd focuses on developing the Bendigo-Ophir Gold Project in New Zealand.
  • EPA’s acceptance of the application marks a major milestone, with construction expected in mid-2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santana Minerals’ Bendigo-Ophir Gold Project Gains EPA Approval

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An announcement from Santana Minerals Ltd. ( (AU:SMI) ) is now available.

Santana Minerals Ltd announced that the Environmental Protection Authority (EPA) has accepted its application under the Fast-track Approvals Act for the Bendigo-Ophir Gold Project. This acceptance marks a significant procedural milestone, allowing the project to move into the assessment phase, with a decision expected in approximately six months. The company is preparing for the next steps, including planning for long-lead items and early works, with construction anticipated to begin in mid-2026, subject to a positive outcome.

The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 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 operating in the mining industry, focusing on the development and production of mineral resources. Its primary project is the Bendigo-Ophir Gold Project located in Central Otago, New Zealand.

Average Trading Volume: 1,490,188

Technical Sentiment Signal: Buy

Current Market Cap: A$660.9M

For a thorough assessment of SMI stock, go to TipRanks’ Stock Analysis page.

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