Australia's Gibb River Diamonds soars on mining agreement for gold project

GIB Mining

23/12/2024 03:33

** Shares of Gibb River Diamonds  GIB.AX  rise as much as
32.5% to A$0.053, their highest since May. 22
    ** Mineral explorer signs mining benefits and heritage
agreement with the Wangkatja Tjungula Aboriginal Corp for  the
Edjudina gold project in Western Australia
    ** Says agreement enables project's mining lease application
to be granted
    ** More than 57,000 shares change hands vs 30-day avg volume
of around 51,000 shares
    ** Stock up 46.7% YTD, including current session's moves

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))