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Southern Alliance Mining Reports Q3 Financials and Strategic Shift to Underground Mining

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Southern Alliance Mining Reports Q3 Financials and Strategic Shift to Underground Mining

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Southern Alliance Mining Ltd. ( (SG:QNS) ) has provided an update.

Southern Alliance Mining Ltd. reported its financial activities for the third quarter ending April 2025, highlighting a significant variance between projected and actual mining-related expenditures. The company has transitioned to underground mining techniques at its Chaah Mine, which aligns with its responsible mining values and aims to enhance operational efficiency. This strategic move is expected to impact the company’s future mining plans and potentially improve its market positioning.

More about Southern Alliance Mining Ltd.

Southern Alliance Mining Ltd. is a company based in Singapore, primarily involved in the mining industry. The company focuses on the exploration and extraction of minerals, particularly iron ore, using both open pit and underground mining techniques.

Average Trading Volume: 36,630

Technical Sentiment Signal: Sell

Current Market Cap: S$244.5M

See more data about QNS stock on TipRanks’ Stock Analysis page.

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