Xanadu Mines Ltd (AU:XAM) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Xanadu Mines Ltd has announced promising results from metallurgical testwork on the Kharmagtai Copper-Gold Project in Mongolia, revealing significant efficiency improvements in coarse ore flotation that could enhance overall project economics. The tests, conducted with partner Zijin Mining, showed up to 94% copper and 92% gold recovery, which may lead to reduced power and water usage, increased production rates, and improved environmental sustainability. These developments have the potential to accelerate revenue generation while providing environmental benefits through better tailings management.
For further insights into AU:XAM stock, check out TipRanks’ Stock Analysis page.

