Australia's Globe Metals and Mining hits three-week high after lawsuit withdrawal
14/09/2026 04:58
BUZZ-Australia's Globe Metals and Mining hits three-week high after lawsuit withdrawal ** Shares of Globe Metals and Mining GBE.AX rise as much as 9.8% to A$0.067, their biggest intraday pct rise since August 18
** Stock hits highest level since August 26
** Diversified miner says members of the Kanyika community have formally withdrawn and discontinued legal proceedings against the company's African unit
** The claimants withdrew all claims under a notice filed in the High Court of Malawi
** Co adds, the long-running case was related to its Kanyika niobium project in central Malawi
** YTD stock up 45.7%
(Reporting by Paridhi Minda in Bengaluru)
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