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XAM

TSX
0.070000000 CAD
0.025
55.56%
Last update May 20, 3:43 PM EDT
Market closed
Day range
0.064999998
0.070000000
Previous close
0.045000002
Open
0.064999998
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Xanadu Mines Ltd.
0.07
0.02
55.56%

Overview

Description

Xanadu Mines Ltd. is a mining and exploration company primarily focused on the discovery and development of copper and gold deposits in Mongolia. The company’s main purpose is to locate, evaluate, and develop mineral resources, leveraging its expertise in geological exploration and resource estimation. Xanadu Mines' projects are strategically located in the resource-rich regions of Mongolia, offering access to large copper-gold systems, which are crucial for various industrial applications, including electronics and energy infrastructure. Xanadu Mines Ltd. impacts a range of sectors, most notably mining and commodities, by contributing to the global supply chains of critical resources. Their operations support the ongoing demand for copper and gold, driven by urbanization and technological advancements across the globe. Positioned within the Asia-Pacific mining sector, Xanadu Mines plays a pivotal role in exploration activities that potentially contribute to Mongolia’s economic development and bolster the region's position in the global minerals market. Established as an emerging player in the exploration industry, Xanadu Mines is integral to discovering new mineral resources that meet global industrial demands.

About

CEO
Employees
0
Address
680 George Street
Level 12
Sydney, 2000, NSW
Australia
Phone
61 2 8280 7497
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Other Precious Metals & Mining
Country
Canada
MIC code
XTSE
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