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Far East Gold Ltd ( (AU:FEG) ) has shared an announcement.
Far East Gold Ltd has achieved a significant regulatory milestone by securing PIPPIB approval for 9,000 hectares of its Idenburg Gold Project, facilitating environmental permitting and operational licensing. This reclassification to Production Forestry de-risks the project, enhances tenure security, and accelerates the transition from exploration to development, reinforcing the project’s strategic potential in a prolific gold province.
More about Far East Gold Ltd
Far East Gold Ltd operates in the mining industry, focusing on gold exploration and development. The company is engaged in developing the Idenburg Gold Project in Papua, Indonesia, which is strategically located in a region known for world-class gold and copper deposits.
Average Trading Volume: 208,538
Technical Sentiment Signal: Sell
Current Market Cap: A$49.55M
For detailed information about FEG stock, go to TipRanks’ Stock Analysis page.