Australia's Duketon Mining rises on WA project update

Duketon Mining

11/05/2023 04:30

** Shares of Duketon Mining  DKM.AX  rise as much as 9.5% to
A$0.405, set for best day since April 11, if gains hold
    ** Co says pressure oxidation testing at the Duketon nickel
sulphide project in Western Australia has produced a nickel,
copper and cobalt sulphate solution
    ** Says results takes co "a step closer to producing a
product that is highly desired to the EV battery industry"
    ** Stock hits highest since April 28
    ** Nearly 108,000 shares change hands, compared with the
30-day average of about 105,000 shares 
    ** Stock down ~9.8% so far this year, as of last close 
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))