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DMC Mining Ltd. ( (AU:DMM) ) has shared an update.
DMC Mining Limited announced updates on its Firawa and Labe projects in Guinea, highlighting that its reconnaissance licenses remain valid and exploration licenses are progressing through the approval process. The company is committed to its critical minerals strategy and anticipates the issuance of exploration licenses soon. Additionally, DMC Mining is working towards re-admission to the ASX, having entered into agreements to acquire significant projects in Guinea, although its shares remain suspended pending the completion of these transactions.
More about DMC Mining Ltd.
DMC Mining Limited is a Western Australian company focused on exploring critical metals. The company is actively involved in projects in Guinea, specifically targeting uranium, rare earth elements, and niobium, with a strategic emphasis on developing these critical minerals.
Technical Sentiment Signal: Sell
Learn more about DMM stock on TipRanks’ Stock Analysis page.