Australia's Kingsrose Mining rises on Norway drilling permit

Kingsrose Mining

09/01/2024 01:30

** Shares of Kingsrose Mining  KRM.AX  rise as much as 5% to
A$0.042
    ** Nickel and copper miner says received drilling permission
for the Karenhaugen prospect in Norway from the Ministry of
Trade and Fisheries of Norway 
    ** Co expects to commence drilling on the Nickel-copper-PGE
(platinum group element) project in December 2024
    ** About 776,357 shares change hands, compared with the
30-day average volume of 382,823
    ** Stock dropped 36.9% in 2023, falling for the second year
in a row 

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))