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Magnum Mining Extends Due Diligence on Brazil Rare Earths Acquisition to March

Magnum Mining & Exploration Limited has extended its due diligence period for acquiring Palmares Estudos Geologicos LTDA, aiming to complete by March 31, 2025, amid regulatory and ESG documentation delays. The company plans a capital raise to support development of its substantial rare earth projects in Brazil.
Maxwell Dee
30 Jan 2025