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Southstone Minerals ( (TSE:SML) ) has shared an update.
Southstone Minerals Limited has announced an extension to its acquisition agreement with Afrium Energy Pte. Ltd. for a uranium project in Botswana. The extension, which adds 60 days to the agreement, reflects Southstone’s commitment to this strategic transaction while maintaining its focus on its diamond mining operations. This move could potentially enhance Southstone’s market position by diversifying its mineral resource portfolio, which may have implications for its stakeholders.
More about Southstone Minerals
Southstone Minerals Limited is a company operating in the mining industry, primarily focused on diamond mining through its core operations at the Oena Diamond Mine. The company is also expanding its interests into uranium acquisition in Botswana, indicating a strategic diversification within the mineral resources sector.
Technical Sentiment Signal: Sell
Current Market Cap: C$334K
Find detailed analytics on SML stock on TipRanks’ Stock Analysis page.