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Jan 14 - 01:55 AM

Gold - Catalyst Metals Jumps On Mining Approval At Western Australia Gold Project

By Jasmeen Ara Shaikh  —  Jan 14 - 12:02 AM

• Shares of Catalyst Metals rise as much as 1.2% to A$3.055, their highest level since Nov. 25

• The gold producer says an Australian regulator approved the underground mining proposal at Trident Gold Project in Western Australia

• Says final approval required to commence mining, the open pit mining proposal is pending

• Co says Trident's pre-production costs are estimated at A$15 mln ($9.28 mln)

• Stock gained 220.5% in 2024

($1 = 1.6160 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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