Australia's Bubalus Resources jumps on regulatory nod for rare earths project

Bubalus Resources

05/11/2024 24:24

** Shares of Bubalus Resources  BUS.AX  rise 8.7% to
A$0.125, hitting their highest level since Oct. 16
    ** Mineral explorer receives environmental (mining) licence
for drilling at its Nolan East light rare earths project from
the Northern Territory government 
    ** Says co continues discussions to secure Land Access
Agreement before commencing drilling
    ** Stock down 24.2% YTD, as of 0015 GMT

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))