Australia's Kingwest Resources up on mining deal with St Barbara
28/03/2023 04:00
** Shares of Kingwest Resources Ltd KWR.AX rise as much as
9.7% to A$0.034 - on track for best day since March 15, if gains
hold
** Mining co says contract executed for toll milling with
gold miner St Barbara Ltd SBM.AX for processing high-grade
gold ore from Kingwest’s Selkirk Joint Venture at its Menzies
Project in Western Australia
** Adds, after agreement, co will now be moving into
production with JV partners
** Stock down 11.4% YTD, as of last close
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com;))
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