Australia's Horizon Minerals at 4-month high after co mines first gold ore in WA project

Maritana Minerals

03/10/2024 06:46

** Shares of Horizon Minerals  HRZ.AX  rise as much as 6.4%
to A$0.05, hitting their highest levels since June 5
    ** The gold miner announces mining of first ore in its
Boorara gold project in Western Australia
    ** Co says first ore on track for delivery to Paddington
plant in late October and first gold production expected to
start in November
    ** More than 1.2 mln shares change hands, 1.9 times the
30-day avg volume of shares
    ** Stock up ~16.7% YTD, including current session's moves

    

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))