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TDUX
Sep 15 - 11:55 PM

Gold - Australia's Auric Mining Rises On Buying Equipment For Burbanks Gold Project

By Paridhi Minda  —  Sep 15 - 10:35 PM

• Shares of Australia's Auric Mining rise as much as 8.7% to A$0.250, marking their biggest intraday pct gain since September 9

• Stock hits its highest level in a week

• Gold explorer says it has acquired key processing plant infrastructure for its Burbanks gold project for A$1.2 million ($854,640.00)

• The purchase includes crushing, material handling and milling equipment needed for the initial 600ktpa processing plant design

• Co says the acquisition keeps development studies on track for restarting the Burbanks processing plant in Q1 2028

• YTD, stock down 10.9%

($1 = 1.4041 Australian dollars)

(Reporting by Paridhi Minda in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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