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Adriatic Metals Update on Rupice Operations

Adriatic Metals Update on Rupice Operations

FromMining Stock Daily


Adriatic Metals Update on Rupice Operations

FromMining Stock Daily

ratings:
Length:
21 minutes
Released:
Jul 3, 2024
Format:
Podcast episode

Description

Adriatic Metals CEO, Paul Cronin, provides an update on the Rupice mine on the Vares project in Bosnia and Herzegovina. The mine has experienced delays due to equipment delivery issues and the termination of the mining contractor. However, the company has shipped its first concentrates and received its first cash inflow. The plant is working well. The mine's development is expected to have economic benefits for the community, including improved infrastructure and healthcare. Adriatic Metals is also exploring expansion and potential acquisitions to diversify its portfolio.
Released:
Jul 3, 2024
Format:
Podcast episode

Titles in the series (100)

Mining Stock Daily is a brief overview of finance and resource exploration news from the world's mining and metals sector. Mining Stock Daily is a quick overview of the day's most important sector information for both precious and base metals, including market trends and analysis.