• Shares of Australia's Capricorn Metals rise as much as 5.7% to A$13.28, their highest since June 23

• Gold explorer says its unit received Federal Environmental approval for the expansion and operation of the Mount Gibson Gold Project in Western Australia

• The Federal approval allows Capricorn to finalise the primary Western Australian approvals required for the Mount Gibson Project under the Environmental Protection Act 1986 (WA)

• CMM down 11.3% YTD
(Reporting by Keshav Singh Chundawat in Bengaluru)