Australia's Aurelia Metals falls after bad weather halts production in NSW

Aurelia Metals

09/03/2022 24:45

** Shares of Aurelia Metals Ltd  AMI.AX  drop as much as
8.2% to A$0.43
    ** Gold and base metals explorer suspends https://bit.ly/3CsIYSQ
 production at its Dargues Gold Mine in New South Wales as a
precautionary measure following heavy rains in Australia 
    ** Says rainfall impacted both the underground mine and
surface infrastructure, including the tailings storage facility
    ** AMI, however, says the underground mine continues to
operate on a restricted basis
    ** Stock has risen ~6% so far this year, compared with a
4.6% decline in 2021

 (Reporting by Indranil Sarkar in Bengaluru)
 ((Indranil.Sarkar@thomsonreuters.com;))