Australia's Dart Mining hits three-month high on earn-in agreement
26/07/2022 02:50
** Shares of Dart Mining NL DTM.AX jump as much as 32.3%
to A$0.082, hit their highest level since April 20
** The base metals and gold miner announces entry into a
earn-in agreement with Sociedad Química y Minera de Chile S.A.
(SQM) SQMA.SN via its unit SQM Australia Pty Ltd for Dorchap
lithium project urn:newsml:reuters.com:*:nASX7bn8Kj
** Under deal, Dart Mining granted rights to SQM the right
to sole fund exploration expenditure of A$12 mln ($8.35 mln)
over next six years
** More than 3.6 mln shares change hands, compared with the
30-day average volume of about 226,000 shares
** Stock down 29.2% this year, as of last close
($1 = 1.4378 Australian dollars)
(Reporting by Jaskiran Singh in Bengaluru)
((Jaskiran.Singh@thomsonreuters.com;))