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TDUX
Aug 06 - 10:55 PM

Copper - Austral Resources Australia Gains Most In Nearly Three Months On Copper Mine Investment

By Aamir Sheik Khalid  —  Aug 06 - 09:35 PM

• Shares of Austral Resources Australia rise as much as 10.3% to A$0.075, biggest intraday pct gain since May 13

• Stock touches its highest level since June 24

• Stock on course for a fourth consecutive session of gains, if current trend holds

• Austral says QIC Queensland Critical Minerals Fund (QCMF) invests A$15 million ($10.54 million) in the copper-cathode producer

• Says funding to support expansion of company's Rocklands processing facility, its flagship copper mine

• YTD, stock up 26.3%, including day's moves

($1 = 1.4231 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters
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