Southern Alliance Mining Ltd. (SG:QNS) has released an update.
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Southern Alliance Mining Ltd. reported a slight overspend in their first-quarter mining-related activities for FY2025, with actual costs reaching RM33.779 million against a projected RM32.5 million. The company attributed the variance to increased mining expenditures, while exploration costs were under budget as they focused on in-house geological investigations. This financial update underscores the company’s commitment to responsible mining and strategic resource allocation.
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