The latest update is out from Silver Mines Limited ( (AU:SVL) ).
Silver Mines Limited has submitted an application for determination with the New South Wales Department of Planning, Housing and Infrastructure regarding the Bowdens Silver Project. This follows legislative amendments to the Environmental Planning and Assessment Act 1979, which allow the Planning Secretary to decide on project components requiring consent. The outcome will enable Silver Mines to progress its development application, crucial for reinstating the project’s development consent. The company is committed to advancing the project, which is expected to create approximately 220 full-time jobs, benefiting stakeholders and the local economy.
More about Silver Mines Limited
Silver Mines Limited operates in the mining industry, focusing primarily on silver extraction and production. The company is engaged in developing the Bowdens Silver Project, which is a significant endeavor aimed at enhancing its market position in the silver mining sector.
YTD Price Performance: 42.50%
Average Trading Volume: 27,254
Technical Sentiment Signal: Hold
Current Market Cap: €97.53M
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