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Sandfire Resources Limited ( (AU:SFR) ) has issued an announcement.
Sandfire Resources Limited announced a significant legal victory as the Montana Supreme Court upheld a previous decision regarding water rights for the Black Butte Copper Project. This ruling allows Sandfire Resources America Inc. to proceed with the project’s feasibility work, having secured all necessary permits. The decision is seen as a positive step forward in developing a world-class, environmentally responsible mining operation, which has garnered support from several local and industry organizations.
More about Sandfire Resources Limited
Sandfire Resources Limited is involved in the mining industry, focusing primarily on the development and production of copper resources. The company holds an 87% equity stake in Sandfire Resources America Inc., which is responsible for the Black Butte Copper Project in Montana, USA.
YTD Price Performance: 0.69%
Average Trading Volume: 3,175
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.65B
For an in-depth examination of SFR stock, go to TipRanks’ Stock Analysis page.
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