Australia's Black Canyon rises to 1-year high on finding large manganese, iron deposits

Black Canyon

30/06/2025 05:24

** Shares of Black Canyon BCA.AX rise 19.1% to A$0.125, their highest level since May 31, 2024

** The manganese explorer says reverse circulation drilling at its Wandanya Project in Western Australia confirms the presence of high-grade manganese and iron deposits

** Around 2.1 million shares change hands, 6x the 30-day average of 345,495 shares

** Stock up 84.6% so far this year, including the session's gains

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.SinghChundawat@thomsonreuters.com))