An update from CuFe Limited ( ($AU:CUF) ) is now available.
CuFe Limited has completed the sale of its JWD iron ore rights, simplifying its operations by reducing exposure to volatile iron ore prices and high operating costs. This strategic move, along with the sale of the Crossroads Gold Royalty for A$4 million, positions the company to focus on its Tennant Creek exploration projects and new ventures like the Yarram iron ore project near Darwin. CuFe has also formed a strategic alliance with Emmerson Resources and Tennant Minerals to explore copper, gold, and critical metals opportunities in the Tennant Creek Region. Additionally, the company executed a Land Access Agreement in the West Arunta region, facilitating exploration activities there.
More about CuFe Limited
CuFe Limited is an Australian company listed on the ASX, focused on mining and exploration activities. The company’s primary interests include copper, gold, and critical metals projects, with operations extending to iron ore mining in locations such as the Northern Territory and Western Australia.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €8.8M
For an in-depth examination of CUF stock, go to TipRanks’ Stock Analysis page.
