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Tungsten Mining NL ( (AU:TGN) ) has issued an announcement.
Tungsten Mining NL is advancing its Mt Mulgine Project by integrating a near-term gold extraction strategy to support long-term tungsten development, potentially reducing costs and capital requirements. The company also completed a maiden inferred mineral resource estimate for its Hatches Creek Project, highlighting its strategic value amid rising tungsten prices and global supply constraints.
More about Tungsten Mining NL
Tungsten Mining NL is a company focused on the exploration and development of tungsten projects. It aims to leverage its significant resource base to capitalize on the rising demand for tungsten, driven by factors such as increased US defense spending and Chinese export restrictions.
Average Trading Volume: 52,408
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$61.99M
For detailed information about TGN stock, go to TipRanks’ Stock Analysis page.