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Medallion Metals Advances Ravensthorpe Gold Project with Key Permitting Milestone

Story Highlights
  • Medallion Metals Ltd focuses on gold mining at Ravensthorpe and processing at Forrestania.
  • The company reached a permitting milestone for Ravensthorpe Gold Project, with no public comments received.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Medallion Metals Advances Ravensthorpe Gold Project with Key Permitting Milestone

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Medallion Metals Ltd ( (AU:MM8) ) has provided an announcement.

Medallion Metals Ltd has reached a significant permitting milestone for its Ravensthorpe Gold Project, as the public comment period under the EPBC Act concluded without any submissions. This marks a critical step in the company’s sulphide development strategy, with final documents to be submitted in October 2025 and an assessment decision expected by the end of the year. Approval under the EPBC Act is crucial for the project’s development timeline, with further secondary approvals required under Western Australian legislation.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

More about Medallion Metals Ltd

Medallion Metals Ltd is a company in the mining industry, focusing on the development of gold projects. Its primary project is the Ravensthorpe Gold Project, which involves mining at Ravensthorpe and processing at Forrestania, with a market focus on gold production.

Average Trading Volume: 958,457

Technical Sentiment Signal: Buy

Current Market Cap: A$321.2M

For an in-depth examination of MM8 stock, go to TipRanks’ Overview page.

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