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29Metals Secures $253M Contract to Boost Gossan Valley Mining Output

12:51pm on Thursday 20th of November, 2025 AEDT Mining
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29Metals Secures $253M Contract to Boost Gossan Valley Mining Output

12:51pm on Thursday 20th of November, 2025 AEDT
Key Points
  • Four-year underground mining contract awarded to Byrnecut Australia
  • Forecast expenditure of $253 million from 2025 to 2029
  • Contract combines fixed and variable schedule of rates with no material conditions
  • Gossan Valley project on track for first ore by end of 2026
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