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SSH Group Ltd. ( (AU:SSH) ) has provided an announcement.
SSH Group Ltd’s subsidiary, SSH Mining, has entered into a joint venture agreement with High-Tech Metals to process and sell gold from stockpiled ore at the Mt Fisher Gold Project in Western Australia. This agreement is expected to generate early cash flow for High-Tech Metals, with SSH Mining managing the operational aspects. The venture reflects SSH Group’s strategy to leverage its mining capabilities and aligns with its goal of unlocking value from underutilized assets, potentially impacting stakeholders positively through efficient and low-capex mining solutions.
More about SSH Group Ltd.
SSH Group Ltd is an ASX-listed company with a focus on mining operations. Its subsidiary, SSH Mining, is involved in the exploration, processing, and sale of mineral resources, recently acquiring Total Contract Mining to expand its capabilities.
Average Trading Volume: 65,366
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.91M
For detailed information about SSH stock, go to TipRanks’ Stock Analysis page.