Australia's Auric Mining rises on buying equipment for Burbanks gold project
16/09/2026 03:34
BUZZ-Australia's Auric Mining rises on buying equipment for Burbanks gold project ** Shares of Australia's Auric Mining AWJ.AX 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)
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