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DMC Mining Awaits Guinea Licences as Cash Reserves Dwindle
6:03pm on Tuesday 28th of October, 2025 AEDT
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Mining
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DMC Mining Awaits Guinea Licences as Cash Reserves Dwindle
6:03pm on Tuesday 28th of October, 2025 AEDT
Key Points
Firawa and Labe reconnaissance licences remain valid; exploration licence applications progressing
Shares suspended pending completion of acquisition of Guinea projects
Cash on hand critically low at A$4,000 with A$600,000 drawn on loan facility
No fieldwork conducted on Ravensthorpe project during the quarter
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