Australia's Galena Mining gains on record production at Abra base metals mine

Galena Mining

08/11/2023 24:30

** Shares of Australian precious metals miner Galena Mining
 G1A.AX  jump as much as 7.81% to A$0.069, their biggest gain
since Nov. 2 
    ** Posts largest high-grade lead-silver concentrate shipment
to date at its 60% owned Abra Base Metals mine in Western
Australia  
    ** Says Abra logged 10,000 metric tons of largest high-grade
lead-silver concentrate shipment in October generating A$19.0
million ($12.22 million) in revenues 
    ** Stock down 74.4% this year, as of last close, vs a 0.9%
decrease in the benchmark S&P/ASX 200 index  .AXJO  



($1 = 1.5555 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))