Australia's Chilwa Minerals hits record high on Malawi project's positive update

Chilwa Minerals

19/09/2024 03:18

** Shares of Chilwa Minerals  CHW.AX  rise as much 9.1% to
hit a record high of A$0.9
    ** The mineral explorer announces favourable mineralogy
results from its Chilwa project in southeast Malawi
    ** Says study indicates presence of heavy mineral sands like
zircon as well as silicate minerals like garnet
    ** Shares post their biggest intraday pct gain since Sept. 9
and are on track to post a third consecutive session of gains,
if trend holds
    ** Stock up ~389% YTD, including current session's moves

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