St. George Mining Ltd. ( (AU:SGQ) ) has provided an update.
St George Mining Limited has completed the acquisition of the Araxá niobium-REE Project in Brazil, which is adjacent to a major niobium mine. The company announced a maiden JORC-compliant Mineral Resource Estimate for the project, highlighting significant resources of niobium and rare earth elements. This development positions St George as a key player in the niobium and rare earth sectors, with potential for resource expansion and low-cost open-pit mining. The project is expected to advance permitting, mine planning, and economic assessments, enhancing the company’s industry standing.
More about St. George Mining Ltd.
St George Mining Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the production of niobium and rare earth elements, with a strategic emphasis on projects located in established mining districts with existing infrastructure.
YTD Price Performance: -8.33%
Average Trading Volume: 112,500
Technical Sentiment Signal: Strong Buy
Current Market Cap: €37.63M
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