Australia's Cobre rises on approval for works at Botswana copper project

Cobre

15/10/2025 01:33

** Shares of Australia's Cobre CBE.AX rise as much as 11.3% to A$0.089, their highest level since October 17, 2024

** Stock marks biggest intraday pct gain since August 20

** Copper explorer and developer says Botswana has approved proposed scope of work for an environmental impact assessment based on an in-situ copper recovery pilot plant at its Ngami project

** Stock last up 10%, bringing YTD gains to 72.6%

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))