Australia's Kingsrose Mining falls after BHP ceases exploration funding

Kingsrose Mining

27/05/2025 04:49

** Shares of Kingsrose Mining KRM.AX fall 6.3% to A$0.03

** Co records its worst intraday pct drop since April 7

** BHP BHP.AX ceases funding for a mineral exploration project with KRM in Norway

** However, BHP will continue to fund for another similar project in the same region, co says

** Stock down 14.3% YTD, including the day's move

 (Reporting by Shivangi Lahiri in Bengaluru)

 ((shivangi.lahiri@thomsonreuters.com))