Australia's Cobre gains after copper find in Botswana project

Cobre

12/08/2024 05:14

** Shares of Cobre  CBE.AX  rise as much as 3.9% to A$0.053
    ** Stock on track for its best day since Aug 2, if current
gains hold
    ** The diversified miner says diamond drilling identified
anomalous copper targets at its Okavango Copper Project,
Botswana
    ** About 486,300 shares change hands, 1.4 times the 30-day
average volume of shares
    ** Stock has risen 15.9% this year, as of last close

    

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))