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The latest update is out from Laneway Resources Ltd. ( (AU:SVG) ).
Savannah Goldfields Limited has retracted a previous announcement regarding its gold production progress due to incomplete studies required to classify material as Ore Reserves. The company continues to make strides towards restarting gold mining and processing operations, with key appointments and logistical arrangements in place. New exploration targets have been identified, indicating potential for significant additions to the company’s gold mineral inventory, which could positively impact its operations and industry positioning.
More about Laneway Resources Ltd.
Savannah Goldfields Limited is a company operating in the gold mining industry, focusing on gold production and processing. The company owns the Georgetown Gold Processing Plant and the Georgetown and Agate Creek Gold Projects, with a market focus on expanding its gold mineral inventory through exploration and production activities.
Average Trading Volume: 790,055
Technical Sentiment Signal: Sell
Current Market Cap: A$20.55M
See more data about SVG stock on TipRanks’ Stock Analysis page.