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An update from Themac Resources ( (TSE:MAC) ) is now available.
THEMAC Resources Group Limited announced that the New Mexico State Engineer denied their application to transfer water rights for the Copper Flat Mine. In response, the company is exploring alternative water management solutions, including advanced dry stack tailings technology, to ensure sustainable operations without relying on the Santa Teresa water rights.
More about Themac Resources
THEMAC Resources Group Limited operates in the mining industry, focusing primarily on copper production through its Copper Flat Project in New Mexico. The company is engaged in developing sustainable and economically favorable water management systems for its mining operations.
Average Trading Volume: 52,874
Technical Sentiment Signal: Buy
Current Market Cap: C$6.19M
See more insights into MAC stock on TipRanks’ Stock Analysis page.