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An update from Silver Mines Limited ( (AU:SVL) ) is now available.
Silver Mines Limited has provided an update on the planning approvals process for its Bowdens Silver Project in New South Wales following the 2024 court decision that voided the project’s original development consent. In consultation with the NSW Department of Planning, Housing and Infrastructure, the company has opted to refresh its ecological surveys and submit a new biodiversity assessment under the Biodiversity and Conservation Act 2016, rather than rely on older methodologies, with surveys expected to finish in early 2026 and updated reports to be lodged by mid‑2026. While this approach will lengthen the approvals timeline, Silver Mines argues it should deliver a more robust and legally secure redetermination of the development application by the Independent Planning Commission, reinforcing the project’s long-term prospects and signaling continued commitment to regulatory engagement and stakeholder transparency.
The most recent analyst rating on (AU:SVL) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on Silver Mines Limited stock, see the AU:SVL Stock Forecast page.
More about Silver Mines Limited
Silver Mines Limited is an Australian resources company focused on the exploration and development of silver and related precious and base metal projects. Its flagship asset is the Bowdens Silver Project in New South Wales, which is considered a project of state and regional significance and is central to the company’s growth and production plans.
YTD Price Performance: 156.41%
Average Trading Volume: 15,641,734
Technical Sentiment Signal: Buy
Current Market Cap: A$428.7M
See more data about SVL stock on TipRanks’ Stock Analysis page.