Australia's Buxton Resources rises on copper project stake sale

IGO

30/03/2026 01:47

** Buxton Resources BUX.AX jumps as much as 9.8% to A$0.045, highest since March 16

** Diversified miner's unit enters deal with unit of ASX-listed IGO IGO.AX to sell its remaining joint venture stake in Copper Wolf project in Arizona, U.S.

** Deal valued at A$6.15 million ($4.2 million)

** IGO trading flat as of 0031 GMT

** BUX up 36.4% YTD

($1 = A$1.4603)

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))