PRNewsWire
24 Jun 2026, 20:40 UTC · 1h ago
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Blue Moon Metals has received approval for its Waste Management Plan, satisfying the final outstanding regulatory condition for the commencement of mine operations at the Nussir project. — Removing the final regulatory hurdle significantly derisks the project and clears the path to commercial production.
+0.80The company awarded an EPC contract to MOMEK Services AS for the civil, structural, mechanical, and piping scope of the Nussir processing plant. — Securing a primary construction partner moves the project from the planning phase toward physical execution.
+0.60Blue Moon Metals is on track to begin full-scale construction and production at the Nussir project in Q4 2027. — Provides a concrete timeline for when the project will begin generating revenue.
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The Norwegian Directorate of Mines approved the updated mine operating plan, and underground development has exceeded 2,000 meters. — Technical approval and physical progress in tunneling confirm the project's operational viability.
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The company achieved three major milestones: awarding an EPC contract and receiving critical regulatory approvals for waste management and mine operations.
Mentioned as a major shareholder of a company that is successfully advancing its projects.
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