Southern Alliance Mining Ltd. (SG:QNS) has released an update.
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Southern Alliance Mining Ltd. has transitioned from open-pit to underground mining due to high costs and challenges with overburden waste removal in open-pit mining. The company is in the early stages of optimizing its underground mining operations and has implemented stringent safety measures to ensure efficient and safe tunnel operations. The Group remains committed to continuous improvement in operational efficiency and safety protocols.
For further insights into SG:QNS stock, check out TipRanks’ Stock Analysis page.