Australia's Augustus Minerals hits record high on likely rare earths find
22/06/2023 05:12
** Shares of Augustus Minerals AUG.AX surge as much as
17.3% to A$0.305, hitting a record high
** Co confirms the presence of ironstone at several
localities, which could host rare earths, at the Ti-tree project
in Western Australia
** Says results from rock chip samples expected over the
next few weeks
** Over 2.2 mln shares change hands at 04:11 a.m. GMT,
compared with the 30-day average of about 1.1 mln shares
** Stock up ~20.9% since its IPO in late-May
(Reporting by Upasana Singh in Bengaluru)
((Upasana.Singh@thomsonreuters.com))