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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.

