Australia's Dateline Resources rises on potential restart of offshore operations

Dateline Resources

28/09/2026 04:14

** Shares of Dateline Resources DTR.AX rise as much as 50.8% to A$0.0950, their highest level since September 1
** Stock logs its largest intraday pct gain since June 2, 2025
** Mining and exploration co says the US Department of War’s Assistant Secretary for Industrial Base Policy has provided a declaration supporting the Government’s stay application, citing US national security interests
** In light of the foregoing, it is in the United States' economic and general national security interest to allow exploration for rare earth elements at the Colosseum Mine site to continue - Excerpt from the Department of War's declaration
** Co adds, that the government has asked the court to order that, while the stay is in place, Colosseum Rare Metals (Subsidiary) may resume operations in accordance with its approved Plan of Operations
** Co owns 100% of the Colosseum Gold-REE Project in California
** Stay motion expected to be considered in late October
** YTD, stock down 60%

(Reporting by Tejas Harish in Bengaluru)
((tejas.harish@thomsonreuters.com;))