Australia's Firefinch hits 11-year high after receiving mining licence in Mali

Firefinch

30/03/2022 03:43

** Shares of Firefinch Ltd  FFX.AX  jump as much as 12.7% to
A$1.055, highest since March 2011
    ** Gold and lithium miner says unit Birimian Gold Mali SARL
granted mining licence covering the Finkola exploration licence
located 23 km from co's Morila Gold Mine in Mali  urn:newsml:reuters.com:*:nASX7HtbLd
    ** Adds licence granted for a period of 12 years, with
renewals possible for another 10 years 
    ** FFX set for best day since Oct. 11, 2021 if gains hold
    ** More than 20 mln shares change hands, compared with the
30-day average volume of about 14 mln shares
    ** Stock had risen 8.7% this year, as of last close

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))