Australia's Hillgrove Resources gains on June copper production

Kantra Copper

03/07/2024 06:57

** Shares of Hillgrove Resources  HGO.AX  rise 4.6% to
A$0.069, set for best day since June 27, if gains hold
    ** Miner says copper production from its flagship Kanmantoo
underground operation increased 22% on a monthly basis in June
to 1,025 metric tons
    ** Co says June production is material milestone in the
Kanmantoo development cycle and aligns with the strategic
ramp-up of copper production from the mine
    ** HGO stock down 29.8% YTD, as of last close

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))