Australia's Bubalus Resources jumps on rare earths project approval

Bubalus Resources

23/05/2024 06:01

** Shares of Bubalus Resources  BUS.AX  rise as much as
10.3% to A$0.160, highest since May 7    
    ** Mineral explorer says it received Heritage Authority
Certificate for commencement of maiden drill program at Nolans
east rare earths project 
    ** Stock set for best day since May 17 if gains hold
    ** About 119,798 shares change hands, vs 30-day average
volume of 55,127
    ** BUS down 12.1% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))