Australia's Blackstone Minerals surges after ban lifted on Philippines project

Blackstone Minerals

14/04/2026 02:56

** Blackstone Minerals BSX.AX surges as much as 80% to A$0.063, highest since January 29

** Stock logs its best day ever

** Mineral explorer says Municipal Mayor of Mankayan's cease and desist order lifted, allowing exploration activities to resume at Mankayan Copper-Gold Project in Philippines

** Adds order prevented exploration activities by co's affiliate, Crescent Mining & Development Corporation

** Around 31.3 million shares traded, 17.1x the 30-day avg; stock logs busiest session since September 2025

** YTD, BSX up 12.7%

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com))