Australia's Kaoko Metals soars to record high on Namibia copper discovery
02/09/2026 05:48
BUZZ-Australia's Kaoko Metals soars to record high on Namibia copper discovery ** Shares of Kaoko Metals KAO.AX rise as much as 210% to record high of A$2.280
** Stock on course for its strongest-ever trading session, if gains hold
** Diversified miner says first drilling at Namibia's Chalkos project finds broad zones of visible copper mineralisation
** Adds, first two drill holes returned up to 60.25 metres of visible copper mineralisation
** KAO says multiple copper minerals, including chalcocite, malachite and native copper, were identified from core logging
** Drilling underway to test the extent of the discovery, with assay results due in four to six weeks
(Reporting by Paridhi Minda in Bengaluru)
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Australia's Kaoko Metals soars to record high on Namibia copper discovery