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Laneway Resources Ltd. ( (AU:SVG) ) has provided an announcement.
Savannah Goldfields Limited, operating in the mining industry, has resumed gold production at its Georgetown Gold Processing Plant in Far North Queensland. The company has successfully poured its first gold doré since January 2024 and is planning to increase production rates. This resumption marks a significant milestone for Savannah Goldfields, with plans to expand mining activities at Agate Creek and commence processing in the second quarter of 2026, signaling a positive impact on the company’s operations and potential growth.
More about Laneway Resources Ltd.
Average Trading Volume: 9,276,187
Technical Sentiment Signal: Sell
Current Market Cap: A$44.97M
For an in-depth examination of SVG stock, go to TipRanks’ Overview page.