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XANADU MINES LTD - Discussion

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Metals & Mining Industrial Metals & Minerals
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Xanadu Mines Limited is an exploration company. The Company is engaged in the exploration... Xanadu Mines Limited is an exploration company. The Company is engaged in the exploration and development of its various mineral exploration projects in Mongolia. The Company focuses on the exploration for copper and gold. The Company operates through the Mongolian exploration projects segment. The Company's projects include Kharmagtai Copper-gold Project, Oyut Ulaan Project and Sharchuluut Project. The Kharmagtai project is located within the Omnogovi Province, approximately 420 kilometers southeast of Ulaanbaatar and approximately 120 kilometers north of the Oyu Tolgoi deposit. The Oyut Ulaan copper-gold project is located in the Dornogovi Province of southern Mongolia, approximately 70 kilometers west of the industrial center of Sainshand. The Sharchuluut project is an early-stage project focused on an advanced argillic (high-sulfidation lithocap) alteration above a deeper porphyry center.More

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Commonwealth down -5% despite a $10B profit, but don't expect a correction With some rattled by the Commonwealth Bank (ASX:CBA) decline over -5% on Wednesday (as at lunchtime trades AEST)...
Evolution Mining up after delivering record profits, leaner balance sheet Evolution Mining (ASX: EVN) is up 3.4% in intra-day trade after a blockbuster result for FY25, including record profits, dividends, and a leaner, meaner balance sheet.Statutory net profit hit $926 million, while underlying profit surged to $958M, up 119% and 99% respectively on FY24. Underlying E...

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