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Southern Palladium Ltd. ( (AU:SPD) ) just unveiled an announcement.
Southern Palladium Ltd. has successfully completed the Environmental Authorisation process for its Bengwenyama PGM project, with no objections lodged during the objection period. This milestone is crucial for obtaining a Mining Right, allowing the company to advance its project development. Additionally, Southern Palladium is finalizing an optimized Pre-Feasibility Study (PFS) for the project, which proposes a two-stage development with reduced upfront capital costs, with further details expected in early July.
More about Southern Palladium Ltd.
Southern Palladium Ltd. operates in the mining industry, focusing on platinum group metals (PGM) projects. The company is primarily engaged in the development of the Bengwenyama PGM project, with a market focus on mining rights and infrastructural development.
Average Trading Volume: 79,573
Technical Sentiment Signal: Buy
Current Market Cap: A$65.24M
Learn more about SPD stock on TipRanks’ Stock Analysis page.